The U.S. Department of Justice will ask a judge to force Alphabet's Google to sell off its Chrome internet browser, Bloomberg News reported on Monday, citing people familiar with the plans.
Note: Original report by Bloomberg, article by Reuters proxied by Neuters to bypass paywall.
I‘ve actually when something like this will happen. A few years ago German energy providers and distributors needed to split, because it gives you an unfair advantage if you own both. Whole companies were split in two. People working for years together would no longer work together. In the end consumer were much better off after the split. I feel the same way with internet browser. It is unfair if you own the infrastructure (Chrome, energy grid) and the services that run on it (YouTube, power plants).
I‘ve actually when something like this will happen. A few years ago German energy providers and distributors needed to split, because it gives you an unfair advantage if you own both. Whole companies were split in two. People working for years together would no longer work together. In the end consumer were much better off after the split. I feel the same way with internet browser. It is unfair if you own the infrastructure (Chrome, energy grid) and the services that run on it (YouTube, power plants).
The US did this to AT&T. It was broken up into dozens of “baby bells”. Then it gradually bought them all back up and now it’s as big as it ever was
Bell telephone. AT&T was one of the resulting companies.
Thats stupid of the US to not block the merges again then… :p
Well this process also spawned Verizon, so they do have legitimate competition now and that’s what matters to antitrust actions