JoshCarter4 commented on a stock · Nov 21, 2024 13:52

News on Google Anti-trust Case

$Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$

After a court win, the Justice Department is trying to make Google sell its Chrome browser

“The agency is also asking that Google stop making third-party payments to phone makers like Apple that ensure its default search position. And finally, Justice attorneys are asking Google either divest from its Android phones business, or have the court supervise its Android division to police any possible instances of Google using Android to kneecap competitors.”

Looks like tech stocks might be in for a bumpy ride, if this sets off a precedent. Then again, the Microsoft case back in 2001 didn’t really have that big of an impact, so who know what’s in store? 🤔

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JoshCarter4

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