Google urges Trump administration to reconsider company breakup - Bloomberg
Investing.com -- Google, a unit of Alphabet Inc. (NASDAQ: GOOGL; GOOG), is urging the Trump administration's Justice Department to reconsider its push to break up the search engine company, according to Bloomberg News. The company has cited national security issues as a significant concern, according to sources familiar with the discussions.
In a meeting last week, Google representatives requested the government to adopt a less aggressive approach as the U.S. aims to dissolve what a judge has deemed an illegal online search monopoly. The sources requested anonymity due to the private nature of the discussions.
Previous to this, in November, the Biden administration had proposed that Google should divest its Chrome web browser and implement other changes to its business model. This includes ending the practice of making exclusive payments amounting to billions of dollars to companies such as Apple Inc. The final proposals from Google and the Department of Justice are expected to be filed by the end of this week.
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