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Google Chrome browser could fetch $20B if judge orders sale: report
GOOGAlphabet(GOOG) New York Post·2024-11-19 19:17

Google’s Chrome browser would be worth 20billionontheopenmarketiftheJusticeDepartmentsucceedsinconvincingafederaljudgetoorderdivestment,accordingtoareport.TheDOJwillrecommendinaWednesdayfilingthatUSDistrictJudgeAmitMehtaorderChrometobesoldaspartofasuiteofchangesaimedatendingGoogle’smonopolypower,Bloombergreported,citingsourcesfamiliarwiththematter.IfChromedoeshitthemarket,thebrowserwouldbeworth“atleast20 billion on the open market if the Justice Department succeeds in convincing a federal judge to order divestment, according to a report.The DOJ will recommend in a Wednesday filing that US District Judge Amit Mehta order Chrome to be sold as part of a suite of changes aimed at ending Google’s monopoly power, Bloomberg reported, citing sources familiar with the matter.If Chrome does hit the market, the browser would be worth “at least 15-20 billion, given it has ove ...