Yahoo Joins Race to Acquire Chrome as Google Faces Potential Forced Sale
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Yahoo is he latest company that is interested in buying Google’s Chrome browser. It follows OpenAI, Perplexity, and DuckDuckGo. If you’re out of the loop, this may sound shocking, but it’s more complicated than it initially sounds.
Google is currently in the middle of a three-week remedies trial, following its loss in court. Google lost a monopoly trial regarding its Search business last year. The Department of Justice (DOJ) laid out its requests to the court, and Google is trying to minimize the damage.
The trial started last week, and the end result could force Google to sell Chrome. That could be one of the moves aimed at breaking Google’s monopoly. The companies mentioned above all admitted they’d be interested in taking Chrome off Google’s hands if the company is forced to sell.
Yahoo is the latest company that admitted it would be interested in acquiring Google’s internet browser
Yahoo is just last in line to do so. A Yahoo Inc senior executive admitted that the company would bid for Chrome if Google were forced to sell. According to a report by Bloomberg, Yahoo Search’s General Manager, Brian Provost, believes that the browser could be valued at tens of billions of dollars.
His estimate actually goes hand-in-hand with DuckDuckGo’s CEO said during the trial recently. He said that Chrome will likely be estimated at upwards of $50 billion. He admitted that DuckDuckGo cannot afford that, not even close, but that if the price was not a factor, they’d definitely be interested.
What’s interesting is that Provost also admitted that Yahoo has been developing a prototype web browser since last summer. He said that around 60% of search queries come through web browsers, often directly from the search bar.
Yahoo believes Chrome is “arguably the most important strategic player on the web”
He referred to Chrome as “arguably the most important strategic player on the web.” He Provost also admitted that if Yahoo were successful in acquiring Chrome, Yahoo’s market share would push to double digits from the current 3%.
It’s worth noting that, if Google ends up being forced to sell Chrome, it would also need to part with the open-source Chromium platform. It’s a platform for not only Chrome, but a number of other browsers, like Opera, Firefox, Microsoft Edge, and more..
Needless to say, Google strongly opposes the sale of Chrome. The company built it from scratch and understands its value. DOJ, on the other hand, sees the sale of Chrome as one of the main steps towards loosening Google’s monopoly.
The post Yahoo Joins Race to Acquire Chrome as Google Faces Potential Forced Sale appeared first on Android Headlines.