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DOJ Demands Google Divest Chrome and Android Amid Antitrust Push; Alphabet Stock Drops 5%, Price Target $220

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Updated Mar 13, 2025, 03:12 AM

The U.S. Department of Justice (DOJ) is intensifying its antitrust efforts against Google, demanding that the tech giant divest its Chrome browser as part of a broader initiative to address its alleged monopoly in the search engine market. This push follows updated court filings from the DOJ, which indicate a shift in focus, easing earlier remedies related to artificial intelligence and Android, while maintaining the goal of breaking up Google's dominance. The DOJ's actions are part of an ongoing antitrust case that has been in progress for over four years. Analysts have reacted to the news, noting a 5% decline in Alphabet Inc. (GOOG) stock, though some maintain a positive outlook with a price target of $220, suggesting a potential 31% upside. The calls for divestiture of Chrome have reignited discussions about the need for regulatory scrutiny of Big Tech, with various commentators highlighting the implications for competition and democracy in the U.S.

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