DOJ to recommend Google sell off Chrome- Bloomberg

The U.S. The Department of Justice plans to ask a judge to force Google owner Alphabet Inc (NASDAQ:GOOGL ) to sell off its Chrome browser as part of its antitrust probe into the tech giant, Bloomberg reported on Monday.

The department plans to ask Judge Amit Mehta of the District of Columbia, who had earlier this year ruled Google had an illegal monopoly in the search engine market, to make the ruling, Bloomberg reported.

DOJ officials also plan to ask Mehta to impose data licensing requirements on Alphabet and to address its plans for artificial intelligence and the Android operating system, the report showed. 

Chrome represents a key point of focus for antitrust officials because it usually serves as a means of access for many to Google’s search. The browser is by far the most-used in the world, with data from web traffic analyst Statcounter showing Chrome with a 66.65% market share as of October 2024.

Alphabet's shares fell as much as 1.8% in aftermarket trade following the Bloomberg report, but pared a bulk of their losses to trade down 0.5% by 18:28 ET (23:28 GMT).

Source: Investing.com

Последние публикации
Blackstone nears deal for Jersey Mike's Subs, source says
19.11.2024 - 03:00
Alibaba delivers initial price guidance on $5 billion dual-currency bond, term sheet shows
19.11.2024 - 03:00
US stock futures steady with Nvidia earnings in focus
19.11.2024 - 02:00
Trump may be planning to attend SpaceX launch in Texas
19.11.2024 - 02:00
Boeing to lay off over 2,500 workers in US as part of sweeping cuts
19.11.2024 - 02:00
US Senate panel to hold hearing on suspected Chinese hacking incidents
19.11.2024 - 02:00
ADM's Q3 earnings fall, report delayed after more accounting errors found
19.11.2024 - 02:00
Blackstone near $8 bln deal for Jersey Mike’s Subs- WSJ
19.11.2024 - 02:00
DOJ to recommend Google sell off Chrome- Bloomberg
19.11.2024 - 01:00
DOJ to ask judge to force Google to sell off Chrome, Bloomberg News reports
19.11.2024 - 01:00
Super Micro shares skyrocket after naming new auditor
19.11.2024 - 01:00
Goldman Sachs looking to spin out its digital assets tech platform
19.11.2024 - 00:00
US Senate panel to hold hearing on Chinese hacking incidents
19.11.2024 - 00:00
After-hours movers: Super Micro Computer, Bakkt Holdings, Incyte, and more
19.11.2024 - 00:00
Super Micro Computer names BDO as auditor, files Nasdaq compliance plan
19.11.2024 - 00:00

© Analytic DC. All Rights Reserved.

new
Анализ рынка Как повлият завтра отчет NFP на курс доллара США?