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Alphabet Shares fell 6% on Thursday, following news that the Justice Department is demanding Google contribute to ending its Chrome browser search monopoly.
That would include the proposed breakup, according to the DOJ. Wednesday’s filing“Permanently block Google’s control over this critical search access point and allow rival search engines to gain access to the browser that is the gateway to the Internet for many users.”
The development is the latest in a years-long bipartisan antitrust lawsuit that found in an August ruling that the search company had an illegal monopoly on both search and text advertising in violation of Section 2 of the Sherman Act. has done
The potential breakup includes barring Google from entering into exclusionary agreements with rivals such as Apple and Samsung, as part of a set of remedies lasting up to 10 years.
CNBC’s Jennifer Elias contributed to this report.
