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Alphabet’s valuation hit USD 2.83 trillion after a US court let Google keep Chrome and Android, despite antitrust violations.
Earlier this year, Google faced a similar challenge in the United States
Google parent Alphabet’s market valuation soared to USD 2.83 trillion, a jump of over $230 billion in the past four years since the US court judgment favouring the tech giant against the breakdown of its highly profitable businesses, including Android and Chrome Browser, in the antitrust case. It is the fourth biggest US company in terms of market cap after Nvidia, Microsoft, and Apple.
After the judgment, Alphabet INC Class C shares jumped 12 per cent in the past five sessions, taking the current share price to $234.16 by the closing of NASDAQ on September 08.
Meanwhile, European Commission announced to fine Google 2.95 billion euros (approximately $3.5 billion) in antitrust violation case. It said that the tech giant favoured its own advertising services, AdX, abusing its dominating positions.
Google Antitrust Case
In a big relief in an antitrust case, the US court ruled that Google doesn’t need to sell Chrome and Android, allowing the tech giant to remain intact. However, Google was told to share some part of its data to competitors as part of the court’s ruling.
Despite earlier ruling, Mehta didn’t order Google to sell Chrome and Android, but imposed antitrust penalties on the tech giant. The Justice Department had pushed for forcing Google to sell Chrome, but Mehta rejected this proposal.
The U.S. Department of Justice (DOJ) and state attorneys general have filed several cases against Google over the company’s illegal monopoly in online search and advertising markets.
One case on search monopoly was filed in 2020 in the US District Court by the DOJ and 11 state attorneys general. Google violated the Sherman Antitrust Act of 1890 by maintaining an illegal monopoly in the search engine market, particularly through exclusive agreements with companies like Apple and mobile carriers.
On August 5, 2024, Judge Amit Mehta ruled that Google illegally held a monopoly in online search and general search text ads, stating, “Google is a monopolist, and it has acted as one to maintain its monopoly.”
Google is also facing Ad Tech Monopoly case. It was filed in 2023 in the U.S. District Court for the Eastern District of Virginia.
Google monopolized the digital advertising technology market by controlling the ad tech stack (e.g., ad servers, exchanges) through acquisitions like DoubleClick and anticompetitive practices, harming publishers and consumers.
In the ruling on April 17, 2025, Judge accepted that Google violated antitrust laws by monopolizing open-web digital advertising markets. However, the remedies phase is still ongoing.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
September 09, 2025, 11:47 IST
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