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Google’s lawyer cringes in court when economics expert reveals confidential 36% payment figure to Apple

November 14, 2023
in Business
Reading Time: 1 min read
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Google’s lawyer cringes in court when economics expert reveals confidential 36% payment figure to Apple

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Google pays Apple Inc. 36% of the income it earns from search promoting made via the Safari browser, the primary economics skilled for the Alphabet Inc. unit stated Monday.

Kevin Murphy, a College of Chicago professor, disclosed the quantity throughout his testimony in Google’s protection on the Justice Division’s antitrust trial in Washington.

John Schmidtlein, Google’s most important litigator, visibly cringed when Murphy stated the quantity, which was supposed to stay confidential.

Each Google and Apple had objected to revealing particulars publicly about their settlement. In a courtroom submitting final week, Google argued that revealing further details about the deal “would unreasonably undermine Google’s aggressive standing in relation to each opponents and different counterparties.”

The businesses have had a partnership since 2002 that makes Google the default search engine in Apple’s Safari. Right now that deal is a very powerful of Google’s default offers, because it units the search engine for the iPhone, probably the most used smartphone within the US.

The Justice Division is concentrating on that settlement as proof Google is illegally sustaining its dominance over the search engine and search promoting markets.

Apple didn’t instantly reply to a request for remark. Google declined to remark.

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Tags: AppleconfidentialCourtcringeseconomicsExpertfigureGoogleslawyerpaymentReveals
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