The offer comes as a judge, who concluded this year that Google held a search market monopoly, considers forcing Google to sell its Chrome browser.
Key Facts
The $34.5 billion offer is backed by several unnamed investors “including large venture-capital funds,” according to The Wall Street Journal, which first reported on the bid.
News of the offer comes months after U.S. District Judge Leonie Brinkema found Google “willfully engaged in a series of anticompetitive acts” to maintain a search market monopoly, backing up a similar ruling from Judge Amit Mehta last year, when he said Google used exclusive distribution agreements and “supracompetitive prices” that led to “anticompetitive behavior.
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USA — Financial AI Firm Perplexity Makes $34.5 Billion Bid For Google’s Chrome Browser