Home > Stock Markets > Japan's antitrust watchdog to find Google violated law in search case, Nikkei reports

Japan's antitrust watchdog to find Google violated law in search case, Nikkei reports

2024/12/23 1

(Reuters) -Japan’s competition watchdog is expected to find Google guilty of violating the country’s antitrust law, Nikkei Asia reported on Sunday, citing sources.

The Japan Fair Trade Commission(JFTC) will soon issue a cease and desist order asking Google to halt its monopolistic practices, the report added.

Google did not immediately respond to request for comment while the JFTC could not be reached for comment.

The Japanese competition watchdog started investigating Google for a possible breach of antimonopoly laws in web search services last October, following similar steps by authorities in Europe and other major economies.

© Reuters. FILE PHOTO: The logo of Google is seen outside Google Bay View facilities in Mountain View, California, U.S. August 13, 2024.  REUTERS/Manuel Orbegozo/File Photo

Chrome is the world’s most widely used web browser and is a pillar of Google’s business, providing user information that helps the company target ads more effectively and profitably.

Last month, the U.S. Department of Justice argued ahead of a judge that Alphabet (NASDAQ:GOOGL) owned Google must divest its Chrome browser and should not be allowed to re-enter the browser market for five years in an effort to end Google’s search monopoly.

About Cryptoopia

Cryptoopia is a global financial website that provides content on stock markets, cryptocurrencies, commodity investments, foreign exchange, and economics. Our motto is “One platform, global access”, meaning that our platform is accessible to everyone around the world. No matter where you are, you can access information and investment opportunities in the global financial markets through our platform. We are committed to providing convenient and comprehensive financial services to global investors, making your investment journey smoother and more accessible.