Inside Financial News
No Result
View All Result
Friday, June 6, 2025
  • Home
  • News
    • Precious Metals
    • Battery Metals
    • Energy
    • Special Situation
    • Tech
    • Biotech
    • Crypto
  • Expert Opinions
    • Economy
    • Business
    • Markets
  • Contact Us
  • Featured
    • American Salars Lithium
×

  • Home
  • News
    • Precious Metals
    • Battery Metals
    • Energy
    • Special Situation
    • Tech
    • Biotech
    • Crypto
  • Expert Opinions
    • Economy
    • Business
    • Markets
  • Contact Us
  • Featured
    • American Salars Lithium
No Result
View All Result
Inside Financial News
No Result
View All Result
Home News Battery Metals

Google faces threat of being broken up after US Justice Department warns of need to end ‘illegal monopoly’ | Business News

by Inside Financial
October 9, 2024
in Battery Metals, Biotech, Crypto, Energy, Gadget, Markets, Politics, Precious Metals, Real Estate, Startup, Tech
0
Google faces threat of being broken up after US Justice Department warns of need to end ‘illegal monopoly’ | Business News
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

US officials have confirmed they are considering breaking up Google’s “illegal monopoly” of internet searches.

The tech giant could face restrictions on its own products – including its Chrome browser, Play Store and Android operating system, the US Justice Department said.

It comes after a judge found in August the company had broken anti-trust laws to ensure its dominance of online searches.

Officials have now outlined a series of proposals to dismantle the company’s monopoly in a court filing.

The plans include blocking Google from paying other tech firms to have its search engine pre-installed or set as the default option on new devices.

The firm paid out more than $26bn (£20bn) in 2021 to companies such as iPhone maker Apple as part of the practice.

A Justice Department spokesperson said: “Fully remedying these harms requires not only ending Google’s control of distribution today, but also ensuring Google cannot control the distribution of tomorrow.”

Google said the court filing was part of a “long process” and confirmed it would appeal against the ruling.

Lee-Anne Mulholland, the company’s vice president of regulatory affairs, said the “radical changes” proposed went too far and accused the US government of having a “sweeping agenda that will impact numerous industries and products”.

She added the move would risk the privacy and security of users, hamper the development of its artificial intelligence products and “break” software such as Android.

Read more from Sky News:
Florida braces for hurricane’s arrival

Israel airstrike videos do not tell full story
Tadpoles take top prize at photo awards

The government’s announcement comes following earlier reports that officials were considering moves to tackle Google’s monopoly.

Meanwhile, in a separate case on Monday, a judge ordered Google must open up its app store to greater competition, including making Android apps available from rival sources.

Judge James Donato said the firm should stop requiring its own payment system to be used for apps on the Play Store.

The ruling follows a court battle between Google and Epic Games, which makes the popular video game Fortnite, over in-app purchases.

Source link

Previous Post

VIDEO Wednesday finance with Alan Kohler – ABC News

Next Post

TSMC’s sales beat estimates in good sign for AI chip demand

Next Post
Global Stocks Advance as Tech Rally Continues: Markets Wrap

TSMC’s sales beat estimates in good sign for AI chip demand

Please login to join discussion

Twitter Feeds

  • Trending
  • Comments
  • Latest

Mining’s “Tom Brady” – Bob Dickinson Fuels Copper & Gold Discovery

January 31, 2025
Lithium M&A Continues with Rio Tinto’s $6.7 Billion Arcadium Lithium Acquisition – Lithium Explorers and Developers begin rallying

Lithium M&A Continues with Rio Tinto’s $6.7 Billion Arcadium Acquisition and Piedment Sayona $623 Million Merger – Lithium Explorers and Developers begin rallying

November 21, 2024

Billions are being committed to Hydrogen development in Canada and the USA with Hydrogen explorers and developers starting to rally – 4 Stocks that could benefit significantly

January 12, 2025

THE M&A BOOM THAT NEVER STOPS BOOMING

February 21, 2025

High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

0

UK Faces Two Decades of No Earnings Growth and More Austerity

0

High-Speed Traders In Search of New Markets Jump Into Bitcoin

0

Brexit Has Created A Political Climate No Budget Can Fix

0

Uranium Powers Up: Meta’s Nuclear Deal Sparks New Era for AI and Energy Security

June 5, 2025
Crypto’s Wild Ride and the Crypto Miners that are the backbone of an industry

Crypto’s Wild Ride and the Crypto Miners that are the backbone of an industry

May 22, 2025
4 Copper Stocks to Watch as Copper Hits $4.80 per Pound.

4 Copper Stocks to Watch as Copper Hits $4.80 per Pound.

March 11, 2025

BLACKROCK CEO SAYS HYDROGEN WILL CREATE THE NEXT CLASS OF UNICORNS

February 21, 2025

Recent News

Uranium Powers Up: Meta’s Nuclear Deal Sparks New Era for AI and Energy Security

June 5, 2025
Crypto’s Wild Ride and the Crypto Miners that are the backbone of an industry

Crypto’s Wild Ride and the Crypto Miners that are the backbone of an industry

May 22, 2025

Categories

  • Acquisition
  • Aviator
  • Battery Metals
  • Biotech
  • Business
  • Copper
  • Crypto
  • Economy
  • Energy
  • Expert Opinions
  • Finance News
  • Gadget
  • Gold
  • Lithium
  • Markets
  • Mining
  • News
  • Politics
  • Precious Metals
  • Real Estate
  • Special Situation
  • Startup
  • Stocks News
  • Tech
  • Tech
  • Uncategorized

Site Navigation

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
Inside Financial News

We bring you the best website that perfect for news, magazine, personal blog, etc. Check our landing page for details.

© 2025 Inside Financial News

No Result
View All Result
  • Home
  • News
    • Precious Metals
    • Battery Metals
    • Energy
    • Special Situation
    • Tech
    • Biotech
    • Crypto
  • Expert Opinions
    • Economy
    • Business
    • Markets
  • Contact Us
  • Featured
    • American Salars Lithium

© 2025 Inside Financial News

Subscribe Now For A Chance To Win Big!