Yahoo Wants to Buy Google Chrome If Declared a Monopoly!
As we know, Google is currently facing legal issues in the US due to monopoly accusations from the Department of Justice. One suggestion from Judge Amit Mehta is for Google to sell its Chrome browser.
Chrome is considered too powerful compared to its competitors. If sold, this could lessen the monopoly accusations directed at Google in the online world.
According to The Verge, many tech companies are interested if Chrome is sold. DuckDuckGo is also interested, but they say their funding might be insufficient. Perplexity and OpenAI have also expressed their interest.
Now, Yahoo has also said they want to buy Chrome. According to Yahoo, owning a web browser is very important for internet searching. They are contemplating between building their own or buying, said Brian Provost, General Manager of Yahoo Search.
About 60% of internet searches are conducted through browsers, and people often search directly from the address bar, where they typically type the website name. Therefore, since summer 2024, Yahoo has been actively developing their browser prototype.
Provost estimates it will take 6-9 months for Yahoo to build its own browser. If they could buy Chrome, it would speed up their process.
Yahoo's shares could rise 3% into double digits if they successfully buy Chrome. The selling price of Chrome might be in the tens of millions of dollars, but Yahoo is optimistic they can secure funding from its owner, Apollo Global Management.