Alphabet Shares Dip 5% As Justice Department Pushes Chrome Sale
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Alphabet's shares dropped over 5% following the Justice Department's request for Google to divest its Chrome browser to curb its search engine monopoly.
November 21, 2024 | 8:15 pm
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Alphabet's stock experienced a significant drop of over 5% after the Justice Department requested Google to sell its Chrome browser to address monopoly concerns.
The Justice Department's request for Google to divest its Chrome browser is a major regulatory challenge, directly impacting Alphabet's business model and market perception, leading to a significant stock price drop.
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