Alphabet's Google urges US government to avoid breaking up firm, source says
FILE PHOTO: The Google logo is seen on the Google house at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 10, 2024. REUTERS/Steve Marcus/File Photo
(Reuters) -Alphabet's Google met with President Donald Trump's government last week and urged them to back away from a push to break up the search engine company, according to a person familiar with the matter.
The U.S. Department of Justice is currently pursuing two anti-monopoly cases against Google - one over search and another over advertising technology.
"We routinely meet with regulators, including with the DOJ to discuss this case. As we've publicly said, we're concerned the current proposals would harm the American economy and national security," a Google spokesperson said.
The DOJ did not immediately respond to Reuters requests for comment.
The department has laid out potential remedies in the search case, including making Google divest parts of its business such as the Chrome Web browser and ending agreements that make it the default search engine on devices like Apple's iPhone.
The trial over which of the remedies are appropriate is scheduled to take place in April, with a final ruling expected in August.
President Trump is expected to dial back on some of the antitrust policies pursued under the former President Joe Biden's administration, potentially including a bid to break up Google over its dominance in online search, industry experts have said.
(Reporting by Bhanvi Satija in Bengaluru, Jody Godoy in New York and Juby Babu in Mexico; Editing by Arun Koyyur)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alphabet (GOOGL) PT Raised to $445 at KeyBanc
- SoftBank's Son says AI will need $5 trillion per year by 2040, dismisses bubble talk
- A hidden pipeline brings Amazon and Walmart to African shoppers
Create E-mail Alert Related Categories
ReutersRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share