Possibility of sale of Android-Chrome etc.
When it becomes reality, it will be the largest since AT&T split.
Bloomberg reported on the 13th (local time) that the U.S. Department of Justice is considering splitting up Google, the world’s largest search engine company. This is a follow-up measure to the ruling by U.S. Washington Federal Court Judge Amit Mehta on the 5th of this month that “Google is a monopoly.” If the court actually orders Google to be split up as planned by the Department of Justice, it will be the first attempt to split up a large tech company in 42 years since the AT&T split-up ruling in 1982. It is expected to have significant repercussions not only in the U.S. but also in the global information technology (IT) industry.
On this day, Bloomberg reported, citing anonymous sources, that “(within the Justice Department) various scenarios are being discussed to dissolve Google’s dominance in the online search sector, including corporate divisions.” If the Justice Department pushes ahead with a full-scale Google division, it is expected that the sale of the mobile operating system (OS) ‘Android’, the web browser ‘Chrome’, and the online text advertising platform ‘AdWords’, commonly referred to as ‘Google Ads’, will be given priority consideration. All three services are considered core businesses for Google.
Bloomberg also reported that “less lenient options than a corporate split include forcing Google to share more data with its competitors and preventing it from gaining an unfair advantage in artificial intelligence (AI) products.” The New York Times (NYT) also predicted that the government will ban exclusive contracts that Google has with Apple and others, which make Google the default search engine on smart devices.
Judge Mehta previously ruled that “Google, which dominates 90% of the global search market, has illegally excluded its competitors,” and that “providing trillions of dollars to Apple to exclusively install Google’s search engine on iPhones and other devices is illegal and has harmed consumers.”
Google immediately announced its intention to appeal, but Judge Mehta ordered the Justice Department and others to come up with specific measures to curb Google’s monopolistic behavior. The measures must be prepared by the 4th of next month, and the hearing will be held on the 6th. On that day, shares of Alphabet, Google’s parent company, fell as much as 2.5% in after-hours trading on the New York Stock Exchange.
New York = Correspondent Im Woo-sun [email protected]
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2024-08-14 22:38:09