• 12/06/2024 23:59

Google paid Apple $20 billion to become Safari's default search engine

Alphabet paid Apple $20 billion in 2022 to make Google the default search engine in the Safari browser, writes Bloomberg.

Google paid Apple $20 billion to become the standard search engine in Safari

►Subscribe to the page “Ministry of Finance” on Facebook: main financial news

This became known from documents released in connection with the antitrust lawsuit of the US Department of Justice against Google, which claims that Alphabet illegally monopolized the online search market and related advertising.

The company hoped to hide the amount. Last fall, at the trial, Apple executives said that Google paid billions without specifying a figure.

It is noteworthy that Apple's payments from Google in 2020 amounted to 17.5% of the iPhone maker's operating profit.

< ul class="news-chips">

minfin.com.ua

Leave a Reply

Your email address will not be published. Required fields are marked *