Google's 'Unlawful Behavior' Stifles Market Entry For Rivals: DOJ Says Alphabet Must Sell Chrome To End Search Monopoly
Why It Matters: The DOJ’s latest move follows an August ruling that found Google guilty of illegally monopolizing the search market. The potential divestiture of Chrome could significantly impact Google’s business model, which heavily relies on its dominance in the search market.
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Bloomberg reported the U.S. Justice Department aims to force Google to sell Chrome, which could fetch as much as $20 billion.
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A laptop and phone open to Google's services in an everyday setting. Alphabet Inc. (NASDAQ:GOOG) is a California-based technology company that owns and runs the internet search engine Google.
Apple Inc. and Alphabet Inc. risk a formal UK investigation over their dominance of web browsers on mobile phones, according ...
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Apple is developing a conversational AI-powered Siri, dubbed "LLM Siri," to rival OpenAI's ChatGPT and Google Gemini, with a ...
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