If Alphabet Sells Chrome Browser, It Could Be Valued at $20 Billion
Foreks - The U.S. Department of Justice reportedly values the Chrome browser at $20 billion if the proposal to sell Alphabet's (NASDAQ:GOOGL) Chrome browser is accepted from one side. According to individuals familiar with the plans, the Department of Justice is expected to request that a judge, who ruled in August that Google unlawfully monopolized the search market, take measures related to artificial intelligence and the Android smartphone operating system. According to sources who wish to remain anonymous, antitrust officials plan to propose data licensing requirements to federal judge Amit Mehta today, along with states participating in the lawsuit. If Mehta accepts the proposals, they have the potential to reshape the online search market and the emerging artificial intelligence industry. The case was initially filed during the Trump administration and has continued under President Joe Biden. This represents the most aggressive effort to rein in a technology company since Washington's unsuccessful attempt to break up Microsoft (NASDAQ:MSFT) Corp. twenty years ago.