4 sources·Business

U.S. Government Proposes Major Overhaul of Google's Business Practices to Enhance Competition

The Department of Justice aims to restructure Google by demanding the sale of Chrome and greater competition in the tech space after an antitrust ruling.

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Updated: Nov 26th, 2024, 10:03 AM ET

Summary

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Following a federal court ruling that deemed Google an illegal monopoly, the U.S. Department of Justice proposed significant changes, including the divestiture of Chrome. The DOJ argues that these measures will promote competition and innovation, while Google claims they threaten its business and the tech industry's global standing. In the EU, Google is adapting its search practices to comply with the Digital Markets Act to avoid fines, reflecting a push for fairness amidst rising scrutiny.

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U.S. Government Proposes Major Overhaul of Google's Business Practices to Enhance Competition - Pano News