print-icon
print-icon
premium-contentPremium

Goldman Maps Out Google's Potential Breakup In Decision Tree Of Remedy Outcomes 

Tyler Durden's Photo
by Tyler Durden
Thursday, Nov 21, 2024 - 09:40 PM

This article is so good
it's for premium members only.

Does that sound like you?

Already a member? Sign in.

PREMIUM


ONLY $30/MONTH

BILLED ANNUALLY OR $35 MONTHLY

All BASIC features, plus:

  • Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
  • Access to our Private X Account, The Market Ear analysis, and Newsquawk
  • Ad-Free Experience: Enjoy an uninterrupted browsing experience.

PROFESSIONAL


ONLY $125/MONTH

BILLED ANNUALLY OR $150 MONTHLY

All PREMIUM features, plus:

  • Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)

Alphabet shares tumbled Thursday following news that the Department of Justice is pushing for a proposed breakup of the tech giant. This could include a forced sale of its Chrome web browser and potentially unwinding its partnership with artificial intelligence startup Anthropic to end its illegal search monopoly. 

The DoJ wrote in a Wednseday filing, "To remedy these harms, the Proposed Final Judgment requires Google to divest Chrome, which will permanently stop Google's control of this critical search access point and allow rival search engines the ability to access the browser that for many users is a gateway to the internet." 

Sources told Bloomberg that the provision would likely apply to Google's Anthropic investment as well.

Want more of the news you won't get anywhere else?

Sign up now and get a curated daily recap of the most popular and important stories delivered right to your inbox.