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VisitDOJ Urges Google to Sell Chrome for $15B to Break Monopoly
Nov 25, 2024, 05:53 AM
The U.S. Department of Justice (DOJ) has recommended that Google be forced to sell its Chrome browser to curb its dominance in the online search and advertising markets. This move comes after a ruling in August that Google illegally monopolized the search market. The DOJ's proposal aims to break up Google's monopoly by divesting Chrome, which holds a 70% market share. The sale of Chrome could potentially fetch at least $15 billion, given its widespread use by over 3 billion people globally. Legal challenges are expected, as the remedies proposed by the DOJ are considered extreme by some. The final decision on this matter is expected in August, following a series of legal arguments and proceedings.
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Market share increases • 25%
Market share decreases significantly • 25%
Market share decreases moderately • 25%
Market share remains stable • 25%
Ongoing litigation • 25%
Google sells Chrome • 25%
Google retains Chrome • 25%
Settlement reached • 25%