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

Publicații recente
Oklo target nearly doubled at Wedbush on AI-driven demand for nuclear energy
24.01.2025 - 18:00
Crypto markets lose steam after Trump's first policy move
24.01.2025 - 18:00
Combination of Google's TPU-DeepMind units may be worth $700 bn - DA Davidson
24.01.2025 - 18:00
British American Tobacco, Altria shares rise after menthol ban proposal dropped
24.01.2025 - 18:00
Morocco stocks higher at close of trade; Moroccan All Shares up 0.34%
24.01.2025 - 18:00
Commerzbank says no talks with UniCredit until specific proposal made
24.01.2025 - 18:00
Venture Global aims for $64 billion valuation at debut in test for energy IPOs
24.01.2025 - 18:00
Intuitive Machines stock surges on NASA contract award
24.01.2025 - 18:00
International Paper's $7.2 billion acquisition of DS Smith gets EU approval
24.01.2025 - 18:00
Short-term stock optimism soars among retail investors, AAII survey shows
24.01.2025 - 18:00
Venture Global shares likely to open up to 6% above IPO price
24.01.2025 - 18:00
Intuitive Surgical, American Express Stir Friday's Market Cap Stock Movers
24.01.2025 - 18:00
BMW joins Chinese EV makers in filing EU court challenge to tariffs
24.01.2025 - 18:00
Turkey stocks lower at close of trade; BIST 100 down 0.08%
24.01.2025 - 18:00
Diageo stock jumps on possible Guinness sale
24.01.2025 - 18:00

© Analytic DC. All Rights Reserved.

new
Analiza pieței Cum va afecta raportul NFP de mâine cursul de schimb al dolarului american?