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Google paying hefty price to keep search engine default on Safari
Alphabet Inc. paid Apple Inc. $20 billion in 2022 (R327.48 billion at that year's average exchange rate) for Google to be the default search engine in the Safari browser, according to newly unsealed court documents in the Justice Department’s antitrust lawsuit against Google.
The deal between the two tech giants is at the heart of the landmark case, in which antitrust enforcers allege Google has illegally monopolised the market for online search and related advertising.
[Bloomberg]
Alphabet Inc. paid Apple Inc. $20 billion in 2022 (R327.48 billion at that year's average exchange rate) for Google to be the default search engine in the Safari browser, according to newly unsealed court documents in the Justice Department’s antitrust lawsuit against Google.
The deal between the two tech giants is at the heart of the landmark case, in which antitrust enforcers allege Google has illegally monopolised the market for online search and related advertising.
[Bloomberg]