this post was submitted on 21 Nov 2024
760 points (99.7% liked)

Technology

59756 readers
2800 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] daggermoon@lemmy.world 42 points 1 week ago (16 children)

What company could actually afford to buy it other than Google, Meta, or Amazon? Unless they are forced to sell it at a loss, which is fine with me.

[–] ArchRecord@lemm.ee 44 points 1 week ago (6 children)

By "sell," they could also mean ending up having Chrome just split off from Google, as a new, independent entity that is its own company, without anybody needing to buy it in the first place.

[–] JasSmith@sh.itjust.works 6 points 1 week ago (2 children)

The judge would immediately shut that down for creative avoidance. This is an order to sell, not break up. The DOJ specifically indicated behavioural remedies in this case, meaning Google must not remain in control of Chrome.

[–] ArchRecord@lemm.ee 4 points 1 week ago

This is an order to sell, not break up.

Currently, it's still recommended actions to the court. Nothing has actually been finalized in terms of what they're going to actually end up trying to make Google do.

Google must not remain in control of Chrome.

While divestiture is likely, they could also spin-off, split-off, or carve-out, which carry completely different implications for Google, but are still an option if they are unable to convince the court to make Google do their original preferred choice.

A split-off could prevent Google from retaining shares in the new company without sacrificing shares in Google itself, and a carve-out could still allow them to "sell" it, but via shares sold in an IPO instead of having to get any actual buyout from another corporation.

load more comments (1 replies)
load more comments (4 replies)
load more comments (13 replies)