Your current location is:{Current column} >>Text
US DOJ proposes Google breakup as solution in monopoly case
{Current column}9People have watched
Introduction-- The U.S. Department of Justice told a federal judge that it is considering recommending that Alph ...
-- The Open a foreign exchange dealerU.S. Department of Justice told a federal judge that it is considering recommending that Alphabet Inc's (NASDAQ:) Google be forced to sell off some of its units as a remedy for its alleged monopolization of the online search market, Bloomberg reported on Wednesday.
DOJ officials made the recommendation in a recent court filing, the Bloomberg report said.

Officials also suggested that Judge Amit Mehta could force the technology giant into revealing the underlying data used to build its search engine and artificial intelligence products.
Bloomberg had earlier this year reported that the DOJ was considering plans to potentially break-up Google, after Mehta ruled that the firm maintained an illegal monopoly in the online search and advertising markets.
The earlier report suggested that Google could sell its Android operating system and web browser Chrome as part of an antitrust settlement.
Google could also be forced to stop paying billions of dollars to make its search engine the default on several popular devices, including Apple Inc's (NASDAQ:) iPhone.
A slew of Google’s smaller rivals, including (NYSE:), DuckDuckGo and adMarketplace had called for a sale of some of Google’s units. The firm controls roughly 90% of all U.S. internet searches.
Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!Tags:
Related articles
Goldman Sachs, JB Hunt, Fox fall premarket; Bank of America, Lockheed Martin rise By
{Current column}By Peter Nurse -- Stocks in focus in premarket trade on Tuesday, April 18th. Please refresh for upda ...
Read moreMeme stocks slide as GameStop’s preliminary Q1 results spark another sell
{Current column}Meme stocks extended their losses on Friday, witnessing a sharp reversal after trading in the green ...
Read moreNVIDIA shares target raised on pricing power By
{Current column}On Friday, an HSBC analyst increased the price target for NVIDIA Corporation (NASDAQ:) shares to $1, ...
Read more
Popular Articles
- CD Projekt is not for sale
- Gold prices edge higher with US inflation data on tap By
- Peru authorities investigate president as brother arrested By Reuters
- Stock Market Today: Nasdaq shrugs off hot inflation data to clinch record close By
- Federal Reserve's preferred inflation gauge accelerated in April By
- Bitcoin price today: stalls at $65k, but set for strong weekly bounce By
Latest articles
-
Gold prices retreat further as dollar recovers, bank fears ease By
-
FXTM Leverage Rules: Navigating Risks and Opportunities
-
After China drills, Taiwan president again extends goodwill By Reuters
-
Biden jokes Trump should have injected himself with bleach By Reuters
-
Bank of America hikes year
-
5 big analyst AI moves: Micron upgraded amid ‘unprecedented outlook for memory’ By