U.S. DOJ Targets Google’s $GOOGL Search Monopoly, Demands Chrome Sale and Data Sharing on December 4, 2024

Dec 4, 2024, 12:57 PM

The U.S. Justice Department is pursuing measures to dismantle Google's dominance in the search engine market, which could involve requiring the company to divest its Chrome browser and share search data with competitors. Prosecutors argued that these actions are necessary to address Google's monopoly on internet searching. Critics, including economist Alex Tabarrok, have expressed concerns that such proposals may be disproportionate to the alleged harm and could be counterproductive. The ongoing legal battle raises questions about the future of Google's services, including its Android operating system and Chrome browser, as the company faces increasing scrutiny over its market practices.