In 2023 the U.S. Department of Justice filed a landmark antitrust lawsuit alleging Google ran an illegal monopoly in search, linked to digital advertising practices. A federal judge previously found Google had violated antitrust law and the DOJ sought divestiture of Chrome, a major driver of search revenue. U.S. District Judge Amit Mehta ruled that Google will not have to divest Chrome and may continue paying partners like Apple to remain default on browsers such as Safari. Mehta prohibited exclusive contracts that block fair competition and ordered Google to share some data to help competitors. Alphabet shares rose about 8.4% on the ruling.
In 2023, the U.S. Department of Justice filed a landmark lawsuit against Google for monopolistic practices in the search engine space, specifically related to its digital advertising practices. Last year, a federal judge sided with the DOJ and found that Google had run an illegal monopoly. The DOJ then requested that a judge require Google to divest its Chrome browser, a big driver of the company's search business that makes up more than half of the company's total revenue.
U.S. District Judge Amit Mehta made it official yesterday, ruling that Google will not have to divest Chrome. Furthermore, Google can keep paying large partners like Apple to feature it as the default search engine on web browsers like Safari. However, Mehta also ruled that Google cannot propose exclusive contracts that prevent competitors from being able to fairly compete in the space.
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