Google’s Chrome browser might sell for a staggering $20 billion if the Department of Justice’s proposal for separation from its parent company is accepted.
The decision would certainly be documented in history as a major crackdown against one of the world’s biggest tech giants. The news comes after the judge ruled in August this year that Google was behaving illegally as a monopoly in the world of search. The decision will also force the company to make use of measures related to AI and the Android systems as per reports from those familiar with the matter.
Antitrust officials came up with these recommendations and it appears that it’s getting popular with many states also and therefore is being forwarded to the Federal Judge to settle the matter. Talks about adding data licensing requirements are also in play but the sources are yet to confirm.
In case the proposals do receive acceptance, they could really alter the world of online search forever and the ever-growing AI industry. This case dates back to when the Trump administration was in power before and also took place while Biden served as head of the state for the US.
Google used Chrome to direct many users towards its Gemini AI product. This certainly entails a major potential to transform itself from a simple bot to an actual assistant following users around the globe.
In case the sale does come into play, Chrome would go easily for $15 to $20B, considering it has over 3B MAUs. The pricing that many people would like to pay depends on their chance to link the browser to various other services.
Experts confirmed how it’s not making money directly but leads to a gateway of great revenue-generating potential. As you can imagine, Google is not happy with the news.
It calls the DOJ’s proposal radical which is beyond the legal jurisdictions for this case. It also shared how the decision would harm users, developers, and those in the country’s tech leadership position.
Image: DIW
Read next: Is Google Marketing Its Own Video Platform Too Often? New Reports Say Yes
The decision would certainly be documented in history as a major crackdown against one of the world’s biggest tech giants. The news comes after the judge ruled in August this year that Google was behaving illegally as a monopoly in the world of search. The decision will also force the company to make use of measures related to AI and the Android systems as per reports from those familiar with the matter.
Antitrust officials came up with these recommendations and it appears that it’s getting popular with many states also and therefore is being forwarded to the Federal Judge to settle the matter. Talks about adding data licensing requirements are also in play but the sources are yet to confirm.
In case the proposals do receive acceptance, they could really alter the world of online search forever and the ever-growing AI industry. This case dates back to when the Trump administration was in power before and also took place while Biden served as head of the state for the US.
- Also read: Google Deliberately Suppressed Evidence To Avoid Antitrust Scrutiny For More Than 10 Years
Google used Chrome to direct many users towards its Gemini AI product. This certainly entails a major potential to transform itself from a simple bot to an actual assistant following users around the globe.
In case the sale does come into play, Chrome would go easily for $15 to $20B, considering it has over 3B MAUs. The pricing that many people would like to pay depends on their chance to link the browser to various other services.
Experts confirmed how it’s not making money directly but leads to a gateway of great revenue-generating potential. As you can imagine, Google is not happy with the news.
It calls the DOJ’s proposal radical which is beyond the legal jurisdictions for this case. It also shared how the decision would harm users, developers, and those in the country’s tech leadership position.
Read next: Is Google Marketing Its Own Video Platform Too Often? New Reports Say Yes
