Shares in Google parent Alphabet rose yesterday after the tech giant avoided a court order requiring it to be broken up following a ruling that it had created an illegal monopoly.
Judge Amit Mehta said the threat to Google’s search engine posed by artificial intelligence chatbots was crucial to his decision to impose a less onerous set of requirements on it.
The US Department of Justice had argued that Google should have to sell its Chrome browser and, if necessary, its Android operating system, after winning a landmark judgment last year that the company maintained an illegal monopoly in online search.
The order falls short of the most extreme outcomes feared by investors, such as a full ban on advertising revenue share deals with the likes of Apple.
Shares in Google parent Alphabet rose almost 7 per cent in New York trading, while Apple gained about 3 per cent.
Dan Ives, analyst at Wedbush Securities, said Tuesday’s order was a “massive win” for the two companies.
Information
- Show
- FrequencyUpdated daily
- Published5 October 2025 at 23:00 UTC
- Length1 min
- Episode1
- RatingClean