Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Google faces pressure to sell Chrome browser amid antitrust scrutiny

by November 19, 2024
November 19, 2024
Google faces pressure to sell Chrome browser amid antitrust scrutiny

Google may be compelled to divest its Chrome internet browser after a federal judge ruled that the company holds an “illegal monopoly” over online search.

The US Department of Justice (DoJ) is reportedly planning to ask Judge Amit P. Mehta to order Alphabet’s Google to sell Chrome, according to Bloomberg.

Should the judge accept this recommendation, it would mark one of the most significant antitrust actions against a major technology firm by the US government. In August, Judge Mehta found that Google, which controls about 90% of global internet searches, had abused its dominant position to stifle competition. A trial to discuss potential remedies is scheduled for April.

Chrome is integral to Google’s ecosystem, influencing how users access the internet and view advertisements. The browser defaults to Google Search and collects user data, enabling the company to offer highly targeted advertising—a substantial revenue source. News of a possible forced sale caused Alphabet’s shares to dip by $1.46, or 0.8%, to $175.34 in after-hours trading in New York.

Antitrust officials are also expected to recommend that Google provide websites with more options to prevent their content from being used by the company’s artificial intelligence products. Currently, Google features AI-generated answers, labelled “AI Overviews,” at the top of its search results. The DoJ may also require Google to license its search results and data.

A spokesperson for the DoJ declined to comment. Lee-Anne Mulholland, vice-president of Google Regulatory Affairs, criticised the DoJ’s approach, stating that it is pursuing a “radical agenda that goes far beyond the legal issues in this case” and would harm consumers.

Google intends to appeal once Judge Mehta delivers a final ruling, expected by August 2025. Other potential remedies include ending exclusive agreements where Google pays billions annually to companies like Apple to remain the default search engine on devices. The judge might also consider requiring Google to divest other parts of its business, such as its Android operating system.

Read more:
Google faces pressure to sell Chrome browser amid antitrust scrutiny

0
FacebookTwitterGoogle +Pinterest
previous post
France targets UK businesses with ‘Choose France’ campaign amid tax concerns
next post
Farmers accuse government of ‘betrayal’ over inheritance tax changes

You may also like

How to Recover Data from Windows Partitions: A...

January 7, 2025

How to Choose the Best eCommerce PPC Services...

March 12, 2025

Channel 4 boss warns AI firms are ‘scraping...

April 1, 2025

Transforming Education: How Roedean School Headmaster Oliver Blond...

February 8, 2023

New research highlights increasing threat of US-style litigation...

November 2, 2023

A Year of Impact: CEO Chad Richison’s company...

February 7, 2024

Welcome rise for UK car production

March 30, 2023

Virgin StartUp invites purpose-driven start-ups to enrol on...

April 21, 2023

Airbnb shares tumble 12% amid weakening US demand...

August 7, 2024

The Catalyst’s Timing: Identifying Key Market Triggers for...

April 15, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved