2024-08-14 23:55:08
Tech
Business
Regulation

US Contemplates Breaking Up Google Over Search Monopoly

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In light of a landmark court ruling on Google's illegal search and ad monopoly, the US is considering divesting Android, Chrome, and AdWords. This move aims to enforce data sharing and AI restrictions.

Google faces a potential $26 billion payment to device makers and scrutiny over its AI Overviews feature. Regulators also demand data sharing and AI limits.

The Justice Department ponders breaking up Google's $2 trillion empire to address the monopoly issue, reshaping the online ad industry. Google's dominance in search, ads, and AI is under scrutiny, with proposals to block default search payments, force data sharing, and address Android's global smartphone market share.

Alphabet stock fell post-ruling, raising concerns about market share dominance and competitive edge. The tech giant faces challenges from AI rivals and potential shifts in tech regulation under a new administration.

New York Times - Technology
14. August 2024 um 14:41

U.S. Said to Consider a Breakup of Google to Address Search Monopoly

Technology
Economy
Finance
Google found to be a monopolist. Justice considering remedies like breaking off Chrome or Android. Federal judge in D.C. overseeing case, with hearing on Sept. 6. Remedies could reshape Google's $175 billion online ad business. Google also faces separate antitrust case over ad technology, set for trial next month.
Inc.com
14. August 2024 um 14:31

Justice Department Ponders Google Breakup

Technology
Economy
Finance
Google may face breakup, with Android, Chrome, and AdWords becoming separate, following an antitrust case relating to search and ads. This could reshape online search, digital ads, and the app industry, impacting ad-makers, smaller companies, and the millions of apps relying on Google ads. The DOJ aims to prevent Google from abusing dominance in search, ads, and AI, by blocking default search payments to Apple, forcing data sharing, and addressing Android's 70% global smartphone share, Chrome's..
Yahoo Finance
14. August 2024 um 14:19

US Considers a Rare Antitrust Move: Breaking Up Google

Technology
Economy
Finance
The US is weighing breaking up Google by divesting Android, Chrome, and AdWords, forcing data sharing and AI restrictions, in response to a landmark court ruling on its illegal search and ad monopoly, including $26 billion in payments to device makers and issues with its AI Overviews feature providing embarrassing advice.
The Guardian
14. August 2024 um 23:20

US considers breaking up Google after illegal monopoly ruling, reports say

Technology
Economy
Finance
Politics
DOJ mulls breaking up Google's $2tn empire after monopoly ruling; remedies include Android, AdWords, Chrome divestment. Google appeals, faces new suit. Regulators demand data sharing, AI limits. Google paid Apple $26bn for Safari default; DuckDuckGo proposes exclusivity ban. Regulators sued Meta, Amazon, Apple for illegal monopolies; Microsoft settled in 2004.
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