Google (GOOG, GOOGL) won't be forced to sell Chrome after a federal district judge ruled divestment a "poor fit" in a landmark antitrust case, but it will have to share data that helped it hold on to its search monopoly.
The ruling from District of Columbia judge Amit Mehta sent Google's stock gaining by almost 6% in premarket trading on Wednesday.
As part of the decision, Mehta ruled that Google can continue to make payments to "distribution partners for preloading or placement of Google Search, Chrome, or GenAI products." That allows for Google to continue to make its $20 billion per year payments to Apple in exchange for the iPhone maker using Google Search as the default search engine in its Safari browser and Siri.
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