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New York Post
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Google parent Alphabet's stock sinks as Trump's DOJ confirms push for antitrust breakup

1. Alphabet's stock fell nearly 5% after DOJ announced breakup plans. 2. DOJ seeks to force Google to sell its Chrome browser. 3. Google’s monopoly claims include payments to keep search defaults. 4. Proposed remedies may end default partnerships with Apple, AT&T. 5. Google plans to appeal any decisions made by the judge.

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FAQ

Why Very Bearish?

The DOJ's actions signify potential structural changes to Google's business model, reminiscent of past antitrust cases leading to significant market performance drops.

How important is it?

The announcement from the DOJ is substantial, suggesting significant regulatory changes impacting GOOG's core operations and competitive stance.

Why Long Term?

Ongoing legal battles and potential restructuring may affect Google's market position and growth prospects for years, similar to AT&T's breakup in the 1980s.

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