Business
U.S. Justice Department Weighs Google Breakup Over Monopoly
The U.S. Justice Department has informed a federal judge that it may recommend Google divest parts of its operations to address its monopolization of the online search market. This could lead to a historic antitrust breakup of the tech giant, according to Bloomberg.
In a court filing, antitrust officials indicated that Judge Amit Mehta might require Google’s parent company, Alphabet Inc., to share data used for search results and artificial intelligence development. The Justice Department proposed remedies to prevent Google from favoring its products—like Chrome, Play, and Android—over competitors. This marks the first significant government attempt to dismantle a company for illegal monopolization since the failed breakup of Microsoft two decades ago.
Additionally, the document outlines options for the judge as the case moves into the remedy phase. It highlights how Google gained advantages from agreements that made its search engine the default on many devices. The agency may also seek to give websites more control over opting out of Google’s AI products and limit its dominance in search advertising. A detailed proposal is expected next month. Google has not yet responded to requests for comment.
- MTN Nigeria Communications Plc (MTNN) – Strong telecom growth and 5G expansion.
- Dangote Cement Plc (DANGCEM) – Leading cement maker benefiting from infrastructure demand.
- Guinness Nigeria Plc (GUINNESS) – Consumer stock with solid turnaround potential.
- Okomu Oil Palm Plc (OKOMUOIL) – Agriculture stock tied to palm oil demand.
- Seplat Energy Plc (SEPLAT) – Energy player with gas and oil sector exposure.
- Zenith Bank Plc (ZENITHBANK) – Tier-1 bank with strong financial performance.
- Guaranty Trust Holding Company Plc (GTCO) – Leading bank with diversified revenue streams.
- Presco Plc (PRESCO) – Palm oil producer with export and dividend potential.
- NASCON Allied Industries Plc (NASCON) – FMCG stock with strong fundamentals.
- Aradel Holdings Plc (ARADEL) – Growing energy sector stock with upstream exposure.
It has been noted that the National Youth Service Corps (NYSC) and British American Tobacco Nigeria Foundation (BATNF) plan to renew their partnership in agribusiness.
The new project is to involve youth in the agriculture business, widen their horizons, and educate them about the agritech sector.
The general manager shared that “The foundation is not only providing grants but also building a system of mentorship, structure, and support that enables corps members to see agribusiness as a serious enterprise pathway.” The plan is to use the NYSC platform to engage youths.
Idi Mukhtar Maiha, Minister of Livestock Development, has revealed the government’s intention of placing women in the livestock transformation agenda that they have in store for Nigeria.
During a recent event, he praised women, describing them as the backbone of the country, and shared that the country will keep on needing their support, hence the inclusion of the agenda team.
He also praised the First Lady for the impact she has made in the country so far and her advocacy for women’s empowerment.
Fuji Star Shanko Rasheed Atanda Loses First Son
Love Island Star Rob Rausch Wins Traitors Season 4
