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A judge in Washington, D.C., ruled on Tuesday that Alphabet's Google (GOOGL.O) must share data with competitors and open up the online search market to competition, while dismissing prosecutors' request for Google to sell its Chrome browser. Additionally, Google is not required to divest its Android operating system. Furthermore, Google plans to go to trial in September to address another lawsuit brought by the U.S. Department of Justice, in which a judge has ruled that Google holds an illegal monopoly in the field of online advertising technology, and remedial measures will be decided at that time. The two lawsuits brought by the U.S. Department of Justice against Google are part of a broader crackdown launched by both political parties in the United States against large technology companies, which began during President Trump's first term and involved Meta Platforms, Amazon, and Apple. After the ruling was announced, Google's stock rose 6% in after-hours trading, while Apple's rose 4%.
A federal judge in Washington, D.C., ruled on Tuesday that Alphabet's Google (GOOGL.O) will not be required to sell its Chrome browser as part of remedies in the Justice Department's antitrust case. U.S. District Judge Amit Mehta's decision allows Google to avoid one of the most severe potential penalties following the court's earlier finding that the company maintained an illegal monopoly in the search market [1].
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