Google pays Apple 36% of the revenue it earns through search advertising in the Safari web browser.
The number, which was supposed to remain confidential, was revealed during the company's antitrust trial today, reports Bloomberg.
Kevin Murphy, a University of Chicago professor, disclosed the number during his testimony in Google's defense at the Justice Department's antitrust trial in Washington. John Schmidtlein, Google's main litigator, visibly cringed when Murphy said the number, which was supposed to remain confidential.
Both companies had objected to details about their agreement being revealed publicly. Google said that divulging additional information about the deal "would unreasonably undermine Google's competitive standing in relation to both competitors and other counterparties."
The Justice Department is targeting Google's deal with Apple in an effort to prove that the company is illegally maintaining its dominance over the search engine market.
When explaining why Apple makes Google the default search engine on Safari, SVP Eddy Cue said, "We make Google be the default search engine because we've always thought it was the best. We pick the best one and let users easily change it."
More details in the full report linked below...
Read More
The number, which was supposed to remain confidential, was revealed during the company's antitrust trial today, reports Bloomberg.
Kevin Murphy, a University of Chicago professor, disclosed the number during his testimony in Google's defense at the Justice Department's antitrust trial in Washington. John Schmidtlein, Google's main litigator, visibly cringed when Murphy said the number, which was supposed to remain confidential.
Both companies had objected to details about their agreement being revealed publicly. Google said that divulging additional information about the deal "would unreasonably undermine Google's competitive standing in relation to both competitors and other counterparties."
The Justice Department is targeting Google's deal with Apple in an effort to prove that the company is illegally maintaining its dominance over the search engine market.
When explaining why Apple makes Google the default search engine on Safari, SVP Eddy Cue said, "We make Google be the default search engine because we've always thought it was the best. We pick the best one and let users easily change it."
More details in the full report linked below...
Read More