Apple-Google Deal Under Threat Following Antitrust Ruling Against Google [from TechGolly]

(TechGolly) — Apple’s lucrative deal with Google is facing potential termination after a U.S. judge ruled that Google, owned by Alphabet, was operating an illegal monopoly. This agreement, which makes Google’s search engine the default on Apple devices, could be a key point of contention as Google looks for remedies to avoid antitrust actions.

Google currently pays Apple $20 billion annually for this privilege, which, according to Morgan Stanley analysts, accounts for about 36% of what Google earns from search advertising through the Safari browser. This significant financial arrangement highlights the deal’s importance to both companies.

Read more: Apple-Google Deal Under Threat Following Antitrust Ruling Against Google [from TechGolly]

NOTICE: Visit TechGolly.com to stay informed about technology news, discussions, trends, advice, opinions, directories, markets, Investment Potential, insights, facts and views, insightful analysis, tech observation, and wisdom reflections. In addition, visit SoftwareAnalytic.com for software reviews, vendor reviews, software in-depth, and opinions.