Category: Google|Nov 13, 2023 | Author: Admin

It wasn't meant to be, but now we know Apple's secret Google numbers

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According to Bloomberg, Google pays Apple 36 percent of all advertising revenue generated via Apple's Safari browser.

Apple and Google have been working together since 2002

 

It is Kevin Murphy, a professor from the University of Chicago, who revealed the sum as a witness in the US Department of Justice's case against search and the advertising giant. The startling thing about the percentage disclosure is that the figure was meant to be secret, which therefore caused Google's chief lawyer, John Schmidtlein (Williams & Connolly LLP), to gnash his teeth when Murphy revealed it. This is per Bloomberg.com.

 

It was the case that both companies agreed that details of the search agreement, which is worth billions of dollars, should not be disclosed. Google believes that such disclosures would "unreasonably undermine Google's competitive position in relation to both competitors and other counterparties."

 

The DOJ believes that such agreements prove that Google illegally dominates the search and advertising market. Apple has not responded to questions from Bloomberg, while Google did not want to comment on the disclosure this evening Norwegian time.

Sources: itavisen.no

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