Is this perhaps why Google has yet to respond to ChatGPT with their own version yet? In order for "competition" to be demonstrated as evidence against monopoly

Is this perhaps why Google has yet to respond to ChatGPT with their own version yet? In order for "competition" to be demonstrated as evidence against monopoly claims. Similar to Google paying Mozilla Firefox $400m+ per year or otherwise Chrome would be the only dominant browser on the market and scrutinized much more.