Rapid Reads News

HOMEcorporatetechentertainmentresearchmiscwellnessathletics

Google stock falls as antitrust regulators push for a breakup

By Aaron Gregg

Google stock falls as antitrust regulators push for a breakup

The Justice Department wants the search giant to divest the Chrome web browser, among other provisions designed to limit its market power.

Google's parent company saw its stock fall Thursday after the Justice Department indicated it could try to force a sale of Google's Chrome web browser.

Shares of Alphabet lost more than 5 percent Thursday morning. In a court filing late Wednesday, the Justice Department said Google "must promptly and fully divest Chrome" to a buyer approved by the plaintiffs in an antitrust case. It was one of multiple remedies proposed by regulators, following a federal judge's August ruling that Google has an illegal monopoly on internet searches.

Previous articleNext article

POPULAR CATEGORY

corporate

4508

tech

3917

entertainment

5643

research

2673

misc

5712

wellness

4629

athletics

5766