Market Chatter: Google CEO Pichai Says DOJ Remedies a 'De Facto' Spinoff of Search Engine

MT Newswires Live

Apr 30, 2025

Alphabet's (GOOG) Google Chief Executive Sundar Pichai said Wednesday in federal court that a US Department of Justice proposal that would force the tech giant to share search data with competitors would be a "de facto" divestiture of the company's search engine, Bloomberg reported.

Pichai's testimony came as part of a three-week trial seeking to determine how Google should restore online search competition after Judge Amit Mehta ruled last year that it had illegally maintained a monopoly on the market, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 159.37, Change: -2.69, Percent Change: -1.66

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 159.37, Change: -2.69, Percent Change: -1.66</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"USJW.SI","symbol_name":"ALPHAB 3xLongSG261006","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2531637057","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531637057","pubTimestamp":1746026478,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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