Here's why Google stock is down
Alphabet(GOOGL) Finbold·2024-11-22 20:23
Alphabet Inc. (NASDAQ: GOOGL) shares plunged over 4% on November 21, after the Department of Justice (DOJ) called for Google to divest its Chrome browser as part of proposed antitrust remedies.This proposal marks a significant escalation in the DOJ’s long-running legal battle, which accuses Google of maintaining an illegal monopoly over internet search and advertising. According to a court filing on November 20, selling Chrome would “permanently stop Google’s control of this critical search access point and ...