DOJ Forces Google to Sell Chrome Amidst Monopolistic Concerns

Antitrust Concerns Force Google to Divest the Dominating Browser Chrome

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Nov 19, 2024
Summary
  • Despite Chrome's effectiveness and popularity, holding 66.68% of the global browser market, Google is forced to sell Chrome.
  • The DOJ aims to ensure fair competition by addressing Google's dominance and potential anti-competitive practices.
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I think Alphabet (GOOG, Financial)'s web browser Chrome with its Google Search is effective and does the job very well so far; it is fast, reliable it has fun doodles at the front, with add-on extensions and seamless integration with other Google services. I'm satisfied and I'm not alone, there are more than 3.45 billion people think the same way too.

And as of October 2024, Chrome holds a significant 66.68% share of global browser market and dubbed as the most widely used browser on the planet. As a satisfied user, if it dominates the market, let it be, it works well so far though.

But the Department of Justice (DOJ) concerns about the monopolistic practices and argued that the Google's dominance with its current market position creates an unfair competitive environment. So, DOJ forces Google to sell its Chrome browser to ensure a fair and competitive market landscape.

The requirement by DOJ is a response to address anti-competitive behavior report from major tech companies. The DOJ aimed to increase competition and abate Google's monopoly in search and digital advertising through Chrome browser which potentially will result to revenue decrease in the future to Alphabet, the parent company of Google.

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