The Department of Justice urges Google to divest its Chrome browser, citing its role in maintaining its search market monopoly. The DOJ argues that this move would promote fair competition by limiting Google's control over a key access point to the internet. The DOJ’s proposed remedies, detailed in a Wednesday filing, include prohibiting Google from entering into exclusionary agreements with third parties and barring preferential treatment for its search service within its other products. The DOJ's actions represent the most assertive antitrust push since its case against Microsoft in 2001.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02The Department of Justice is urging Google to divest its Chrome browser,
00:06citing its role in maintaining its search market monopoly.
00:09The DOJ argues that this move would promote fair competition
00:12by limiting Google's control over a key access point to the internet.
00:16The DOJ's proposed remedies, detailed in a Wednesday filing,
00:20include prohibiting Google from entering into exclusive agreements with third parties
00:24and barring preferential treatment for its search service within its other products.
00:28The DOJ's actions represent the most assertive anti-trust push
00:32since its case against Microsoft in 2001.