Analysis-Legal hurdles ahead for Google's forced sale of Chrome [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Yahoo! Finance
of its Google Chrome browser and other proposals to limit its search dominance are likely to run into legal challenges on grounds the remedies are extreme. After a ruling in August that Google illegally monopolized the search market, U.S. Department of Justice prosecutors argued to a judge on Wednesday that the company must sell Chrome, share data and search results with rivals and possibly sell its Android smartphone software. Alphabet shares fell as much as 7%, on track for their biggest daily percentage decline since Jan. 31. The proposals are part of a landmark case aimed at reshaping how users find information. But a new pro-business administration of President-elect Donald Trump next year could change that effort and legal proceedings could last years, experts said. "It would strike me as an over-ask," said Kevin Walkush at Jensen Investment Management, which holds Google stock and is skeptical a Chrome divestiture will happen. "You ask for everything possible, not neces
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- Google stock hammered after DOJ calls for Chrome sale [Yahoo! Finance]Yahoo! Finance
- CNBC Daily Open: Expectations can be an irrational thing. Just look at Nvidia [CNBC]CNBC
- Google could be forced to sell Chrome. Here's what you need to know [Los Angeles Times (CA)]Los Angeles Times
- Why The DOJ Is Trying To Curtail Google's AI Future [Forbes]Forbes
- Google stock hammered after DOJ calls for Chrome sale [Fortune]Fortune
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