Alphabet shares slide 6% following DOJ push for Google to divest Chrome

CNBC

Summary

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Lawyers representing the DOJ submitted the “Initial Proposed Final Judgment (PFJ),” recommending comprehensive and unitary remedy to ensure Google cannot further cement its search monopoly by engaging in anti-competitive conduct.
Asianet Newsable
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U.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled Google maintained an illegal monopoly for the last decade.
The Independent
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Prosecutors have demanded that tech giant Google sell off the popular Chrome browser in order to break up its monopoly over the online search business.
Daily Mail
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Google pays Apple at least $20 billion a year to make its search engine the default on iPhones.
Insider

■ Story #8 ▪

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updated 88:88

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References

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Bloomberg.com
Google’s Chrome Worth Up to $20 Billion If Judge Orders Sale
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