Alphabet Inc (GOOGL) May Get $20B With Google Chrome Sale
Alphabet Inc.’s (GOOGL) Google Chrome browser may sell for up to $20 billion if a judge forces them to sell, according to a Bloomberg valuation. The Justice Department is proposing Alphabet to sell the business in what would be a historic crackdown on Google. US judge Amit Mehta ruled in August that Google illegally monopolized the search market. The DOJ is now asking this judge to order a mandatory sale. Per Bloomberg analyst Mandeep Singh, Google Chrome’s sale would be worth “at least $15-$20 billion.” The internet browser averages roughly 3 billion active users per month, making it one of the most popular web browsers in the world. This is one of Alphabet’s biggest streams of income, and the forced sale would be a huge blow to Google and its profits. Google has also been using Chrome to direct users to its flagship AI product, Gemini. Fate of Google Chrome Sale Sits in US Government’s Hands The US government has the option to decide whether a Chrome sale is ne...