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New DOJ proposal still calls for Google to divest Chrome, but allows for AI investments

1. DOJ urges Google to sell its Chrome browser amidst ongoing antitrust issues. 2. Court filings suggest proposals extend beyond initial rulings from last year. 3. AI investment divestiture no longer required, only future notifications needed. 4. Current proposals deemed overly broad by Google; could affect consumers and economy. 5. Next court hearing scheduled for April on Google's appeal.

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FAQ

Why Bearish?

Potential forced divestiture of Chrome could threaten GOOG's ecosystem dominance, similar to past antitrust actions impacting major firms.

How important is it?

The legal battle poses a significant risk to GOOG's core business structure and market position, analogous to previous antitrust cases.

Why Long Term?

Prolonged legal battles could reshape operational fundamentals, reminiscent of Microsoft's antitrust history, influencing investor confidence.

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