August 14th, 2024

US considers breaking up Google after illegal monopoly ruling, reports say

The U.S. Department of Justice is contemplating breaking up Google after a ruling on its monopoly in online search, considering divestments of Android, Chrome, and AdWords, while Google plans to appeal.

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US considers breaking up Google after illegal monopoly ruling, reports say

Following a recent ruling that found Google guilty of illegally monopolizing the online search market, the U.S. Department of Justice (DoJ) is contemplating significant actions, including the potential breakup of Google’s parent company, Alphabet, which is valued at approximately $2 trillion. Reports indicate that divesting the Android operating system and the Chrome web browser are among the remedies being discussed. The DoJ is also considering the sale of Google’s AdWords program and may require Google to share data with competitors to level the playing field. The ruling, which concluded that Google spent over $26 billion in 2021 to secure its position as the default search engine, is viewed as a pivotal victory for federal authorities against the dominance of major tech firms. Google plans to appeal the decision and is preparing for another antitrust trial next month. The case has drawn attention to the practices of big tech companies, with the judge's findings highlighting how exclusive agreements with companies like Apple have suppressed competition. The outcome of this case could set a precedent for future antitrust actions against other tech giants.

- The U.S. DoJ is considering breaking up Google following an antitrust ruling.

- Potential divestments include Android, Chrome, and AdWords.

- Google plans to appeal the ruling and faces another antitrust trial soon.

- The ruling is seen as a significant win for federal regulators against big tech monopolies.

- The case has raised concerns about exclusive agreements that limit competition.

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