Published in News

Google forced to pay Apple 36 per cent cut

by on14 November 2023

That’s a nice search engine you have there, it would be terrible if something happened to it

While the search engine outfit Google is considered one of the most powerful in the world it has to bend the knee to Apple and pay it a huge cut of its advertising revenue, a court has been told.

Google pays Jobs’ Mob 36 per cent of the revenue it earns from search advertising made through the Safari browser, the main economics expert for the Alphabet unit told the Justice Department's antitrust trial in Washington

Kevin Murphy, a University of Chicago professor, disclosed the number during his testimony in Google's defence 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. We guess that means that he is worried that Apple’s “boys” will come around and enforce their NDA.

Google and Apple had objected to revealing details publicly about their agreement. In a court filing last week, Google argued that revealing additional information about the deal "would unreasonably undermine Google's competitive standing about competitors and other counterparties."

Although, it is more likely to show how much power Apple has over even the Biggest Tech companies.

Last modified on 14 November 2023
Rate this item
(1 Vote)