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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

The US Department of Justice requires the sale of Chrome to Google

November, 19 2024
watermark Economic news

The US Department of Justice insists on the separate existence of Google Chrome from Google, arguing that the browser is one of the main tools for monopolizing the search market.


In August, Judge Amit Mehta found Google guilty of an illegal monopoly on search queries. Now the Justice Department wants Google to sell Chrome because it provides direct access to the company's search engine.


Chrome, as the most popular browser in the world, plays a key role in Google's advertising business. Monitoring the activity of Chrome users allows the company to increase the effectiveness of advertising, which is its main source of income. In addition, Google is promoting its flagship AI product, the Gemini chatbot, through Chrome.


The Justice Department is also asking the judge to oblige Google to license search query results, empower site administrators to protect content from the use of AI, and untie Android from other Google products, including the Google Play app store and the search engine.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.