Connect with us

Hi, what are you looking for?

Stock

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

(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

You May Also Like

Stock

Back in the day, I used to look at the weekly S&P 500 chart every weekend and ask myself the same three questions:What is...

Investing

In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing. Collinson, who helps lead the...

Investing

Netflix’s cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched. The company said Tuesday more than...

Editor's Pick

Adani Group shares experienced a rebound on Monday, recovering from last week’s steep losses sparked by U.S. criminal charges against Chairman Gautam Adani and...



Disclaimer: Techreportdiversity.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2024 Techreportdiversity.com