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In a landmark antitrust case, a US judge questioned Google's dominance in search and its $20 billion payment to Apple for default status. The DOJ and Google presented closing arguments focused on accusations of monopolistic behavior and market power abuse.
$GOOGL pays $AAPL Under the current deal, which was signed in 2016, Google pays Apple 40% of its net revenue from showing ads to Google search users in Safari. After cost deductions, that translates to 36% of gross revenue
.@Google controls 90% of the search engine market, paying billions to @Apple to be the default web browser. What's next? Google's in talks to embed its AI tools in iPhones. This antitrust case is critical to prevent Google from boxing out rivals and maintaining monopoly power. https://t.co/ssRT1aZFZX
The judge in the US antitrust case against Google gave few hints of how he plans to decide in a ruling that’s expected by the end of the year. Here's what to know https://t.co/oGROBYOOb6
