DOJ Considers Historic Google Breakup in Monopoly Case Involving Alphabet, $GOOGL

Oct 9, 2024, 02:44 AM

The US Department of Justice (DOJ) is considering recommending a historic breakup of Google as a remedy in its monopoly case. This follows a ruling that found Google maintained an illegal monopoly in the online search market. The DOJ's proposed remedies include forcing Google to sell off parts of its operations and breaking its exclusive agreements with original equipment manufacturers (OEMs) and browsers. The DOJ's broad approach aims to reshape internet search practices and alleviate the harm caused by Google's monopolistic practices. The case, involving Google's parent company Alphabet and ticker $GOOGL, is currently being reviewed by Judge Amit Mehta.