🚀 DOJ exploring Google Breakup

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Market Overview
Read time 1.4 minutes

Year To Date Performances:

1. The Department of Justice is considering antitrust remedies for Google, potentially including a breakup of its services like Chrome, Play, and Android to reduce its dominance in search. The DOJ suggests changes to Google's contracts, limiting exclusive deals (such as with Apple), and ensuring access to Google's search data for competitors. Google plans to appeal, and a judge's decision on remedies is expected by August 2025. Experts believe the court might favor less drastic changes, like removing exclusivity agreements, over a full breakup.

2. Amazon plans to expand its same-day prescription delivery to 20 more U.S. cities in 2025 through Amazon Pharmacy, which launched in 2020. This expansion will allow almost half of the U.S. population to receive medications at home the same day they order, if placed by 4 p.m. Prime members get free delivery. The move is part of Amazon's broader push into healthcare, following its acquisition of PillPack and the introduction of services like drone delivery for prescriptions and its $3.9 billion purchase of One Medical.

3. Raise Venture Capital in 2024. Get the course helping top founders raise venture capital. The materials in this course are used by founders pitching a16z, Sequoia, YC and more while raising tens of millions! Get the course now for just $199. *

4. Headlines

   1. Disneyland is raising prices for pass holders and some single day passes starting today.

   2. Mortgage demand drops as rates rise to their highest since August.

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