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DOJ proposing forced sale of Google Chrome, could fetch $20 billion if judge OKs: Report
Bloomberg reported the U.S. Justice Department aims to force Google to sell Chrome, which could fetch as much as $20 billion.
Alphabet Inc. paying a total of $26 billion in 2021 to make Chrome the default option on smartphones and web browsers blocked other competitors from succeeding in the same market, Mehta ruled, per Bloomberg News, which cited people familiar with the plans. Antitrust officials and states that have joined the suit filed by the original plaintiff, Colorado, plan to recommend on Wednesday that Mehta enforce data licensing requirements, Bloomberg reported, again citing the people who asked not to be named. Lee-Anne Mulholland, Google’s vice president of regulatory affairs, told USA TODAY in a statement on Wednesday that the Justice Department “continues to push a radical agenda that goes far beyond the legal issues in this case."
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