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  • Google's antitrust loss could put billions at risk for Apple

    From JAB@21:1/5 to All on Mon Aug 5 22:31:49 2024
    Google's antitrust loss could put billions at risk for Apple

    Google (GOOG, GOOGL) suffered a staggering shot to its search and
    advertising business on Monday as District of Columbia's Judge Amit
    Mehta ruled in favor of the Department of Justice in its antitrust
    suit against the tech giant.

    Here's how: The ruling could force Google to make dramatic changes to
    its largest business, but it could also force the company to cancel a
    long-term revenue-sharing agreement with Apple that requires the
    iPhone maker to use Google as the default search engine across its
    various devices.
    ...
    ...
    In return, Google pays Apple 36% of the search revenue generated on
    Apple devices using Google's services. While Apple doesn't reveal
    exactly how much it makes from the deal, court documents pegged the
    number at an estimated $20 billion in 2022, double what Google paid in
    2020.

    https://finance.yahoo.com/news/googles-antitrust-loss-could-put-billions-at-risk-for-apple-215401052.html

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  • From Danart@21:1/5 to All on Fri Aug 9 05:50:30 2024
    JAB wrote:
    Google's antitrust loss could put billions at risk for Apple

    Google (GOOG, GOOGL) suffered a staggering shot to its search and advertising business on Monday as District of Columbia's Judge Amit
    Mehta ruled in favor of the Department of Justice in its antitrust
    suit against the tech giant.

    Here's how: The ruling could force Google to make dramatic changes
    to
    its largest business, but it could also force the company to cancel
    a
    long-term revenue-sharing agreement with Apple that requires the
    iPhone maker to use Google as the default search engine across its
    various devices.
    ....
    ....
    In return, Google pays Apple 36% of the search revenue generated on
    Apple devices using Google's services. While Apple doesn't reveal
    exactly how much it makes from the deal, court documents pegged the
    number at an estimated $20 billion in 2022, double what Google paid
    in
    2020.


    https://finance.yahoo.com/news/googles-antitrust-loss-could-put-billions-at-risk-for-apple-215401052.html

    GOod


    This is a response to the post seen at: http://www.jlaforums.com/viewtopic.php?p=671218821#671218821

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