Connect with us

Hi, what are you looking for?

Economy

DOJ says Google must sell Chrome to crack open its search monopoly

Image: Laura Normand / The Verge

The Department of Justice says that Google must divest the Chrome web browser to restore competition to the online search market, and it left the door open to requiring the company to spin out Android, too.

Filed late Wednesday in DC District Court, the initial proposed final judgement refines the DOJ’s earlier high-level outline of remedies after Judge Amit Mehta found Google maintained an illegal monopoly in search and search text advertising.

The filing includes a broad range of requirements the DOJ hopes the court will impose on Google — from restricting the company from entering certain kinds of agreements to more broadly breaking the company up. The DOJ’s latest proposal doubles down on its request to spin out Google’s Chrome…

Continue reading…

You May Also Like

Investing

Fisker (NYSE: FSR) stock price has been one of the best-performing electric vehicle (EV) stocks this week even as Tesla slumped. The shares jumped...

Investing

Newmont (NYSE: NEM) reported mixed financial results even as the price of gold approached its all-time high. In all, the company’s earnings per share...

Investing

The Fox Corporation (NASDAQ: FOX) stock price has been under pressure as investors come to terms with the abrupt firing of Tucker Carlson. The...

Investing

NatWest (LON: NWG) share price rose sharply, helped by the strong results from Barclays. The stock jumped to a high of 274.8p, which was...




Disclaimer: Oldamericanbroker.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 © 2024 Oldamericanbroker.com