• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Factbox-US prosecutors demand Google divest Chrome to end search monopoly

by November 21, 2024
written by November 21, 2024

(Reuters) – U.S. prosecutors on Wednesday argued to a judge that Google (NASDAQ:GOOGL) must sell its Chrome browser, share data, and search results with rivals, and take a range of other measures to end its monopoly on online search.

The proposals are wide-ranging, including barring Google from re-entering the browser market for five years and insisting Google sell its Android mobile operating system if other remedies fail to restore competition.

Here are some of the demands that the U.S. Justice Department (DOJ) lawyers have made in the case:

DIVEST CHROME BROWSER

Google must promptly and fully divest its Chrome browser to a buyer approved by the U.S. government.

Google’s ownership of Chrome and the Android operating system poses a significant challenge to entrants and competitors, as they are the “key methods” for the distribution of search engines to consumers.

ANDROID OPERATING SYSTEM

Google may elect to fully divest Android to a buyer approved by the U.S. government. If Google chooses to retain control of Android but fails to comply with presented remedies, the government may petition the court to order the divesture of Android.

BROWSER OWNERSHIP

Google should be prohibited from owning a browser or having any investment in a search or search text ad rival, search distributor, or rival query-based AI product or ads technology for five years after the divestiture of Chrome.

GOOGLE SEARCH CONTRACTS

Google should be prohibited from making payments to third parties to make Google the default general search engine in their products, including ending exclusive agreements in which Google pays billions of dollars annually to Apple (NASDAQ:AAPL).

AGREEMENTS WITH PUBLISHERS

Google should not enter into a contract with a publisher to license data that provides the search engine giant with exclusivity to the publisher’s content.

GOOGLE SEARCH PREFERENCE

Google should not use any assets it owns or operates to give preference to its own search engine, search text ads, or AI products.

DATA SHARING

Google would be required under the proposals to license search results to competitors at nominal cost and share data it gathers from users with competitors for free. It would be barred from collecting any user data that it cannot share due to privacy concerns.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Bosch to reduce hours for 450 employees due to tough economy
next post
Reddit outage affects thousands following software bug fix

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

      May 16, 2025
    • ‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

      May 16, 2025
    • Netflix says its ad tier now has 94 million monthly active users

      May 15, 2025
    • Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

      May 15, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (465)
    • Stock (6,426)

    Latest News

    • Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
    • ‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

    Popular News

    • Turkey stocks higher at close of trade; BIST 100 up 0.66%
    • Earnings call: Acme United reports mixed Q3 results amid challenges

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy