Market Chatter: Google Could Be Forced to Sell Chrome Under DOJ Crackdown on Search Monopoly, Bloomberg Reports

MT Newswires Live2024-11-19

Alphabet's (GOOG, GOOGL) Google may be forced to sell off its Chrome browser if Justice Department officials successfully convince a judge to crack down on the tech giant's alleged antitrust issues, Bloomberg News reported Tuesday, citing unnamed people familiar with the plans.

The DOJ is also planning to ask federal judge Amit Mehta to require measures surrounding artificial intelligence and Google's Android smartphone operating system, the report said.

Additionally, officials are looking to recommend on Wednesday that Mehta impose data licensing requirements, Bloomberg reported.

Mehta has ruled in August that Google illegally monopolized the search market, according to the report.

Google and the DOJ did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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