According to a media report, the US Department of Justice is arguing that the Google subsidiary of the American company Alphabet must sell its Chrome internet browser for antitrust reasons.
The ministry will ask the judge in the relevant lawsuit to take such a step, the American news agency Bloomberg reported on Monday, citing people familiar with the plans.
Google has an illegal monopoly
Subdistrict court judge Amit Mehta ruled in early August in an antitrust case about Alphabet’s market power that Google had an illegal monopoly on online searches and associated advertisements, which it defended with payments worth billions. With the ruling, Mehta cleared the way for follow-up proceedings that could lead to the dissolution of Alphabet. Alphabet had announced that it would appeal the verdict. The case is considered the “trial of the decade” because it is the first time in a long time that the United States has accused a company of forming an illegal monopoly.
The lion’s share of online advertising
Google has about 90 percent of the Internet search market. In addition, the majority of all smartphones run on the Android operating system. According to the court, the company paid around 26.3 billion dollars (24.9 billion euros) to manufacturers of electronic devices in 2021 so that Google’s search function was set as standard in the internet browsers of these devices. According to estimates, Alphabet will thus capture the lion’s share of the global online advertising market worth $200 billion.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
