US DoJ formally calls for Google break-up calling it a monopolist
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The US Department of Justice has proposed the partial breakup of Google, owned by Alphabet Inc (NASDAQ:GOOG), following a ruling that it violated antitrust laws. The proposal seeks a court order to divest Google's Chrome browser, aiming to address monopolistic practices in technology.
November 21, 2024 | 9:00 am
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The US Department of Justice has proposed a partial breakup of Google, owned by Alphabet Inc, due to antitrust violations. This includes a potential divestment of the Chrome browser.
The proposal for Google's breakup by the US DoJ is a significant regulatory action that could lead to the divestment of the Chrome browser. This could disrupt Google's business model and affect its stock negatively in the short term.
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