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

 > 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
 

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