GOOGL Responds to DOJ's Breakup Threat
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Alphabet (GOOGL) is challenging the U.S. government's demand to sell its Chrome web browser, labeling the action as 'extreme' and arguing that anticompetitive conduct must align with specific violations.
December 23, 2024 | 4:30 pm
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Alphabet is contesting the DOJ's demand to divest its Chrome browser, arguing the action is extreme and not aligned with specific anticompetitive violations.
The DOJ's demand for Alphabet to sell Chrome could lead to significant legal and operational challenges for the company. This uncertainty may negatively impact investor sentiment and stock price in the short term.
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