Apple Joins Google's Antitrust Battle Over Online Search

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Apple Joins Google's Antitrust Battle Over Online Search

GuruFocus.com2024-12-27

Apple has decided to step in to defend Google over its antitrust trial over online search under the terms of Apple-Google default agreement. The agreement was about making Google as the default search...

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iNkwiziTs
·2024-12-27
About time...
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The agreement was about making Google as the default search...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-joins-googles-antitrust-battle-133640967.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BZ1G4Q59.USD","symbol_name":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","start_time":0,"source_url":"https://finance.yahoo.com/news/apple-joins-googles-antitrust-battle-133640967.html","article_id":"2494835423","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2494835423","pubTimestamp":1735306600,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Apple has decided to step in to defend Google over its antitrust trial over online search under the terms of Apple-Google default agreement. 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The agreement was about making Google as the default search engine on Apple's Safari browser that involve tens of billion dollar per year from that arrangement. \nThe Department of Justice (DOJ) sees Google monopolizing search competition by setting exclusive contracts with companies like Apple and making it the largest search engine in the world. And therefore, the DOJ require Google to, among other things, sell its Chrome browser to restore competition in online search. \n\nGoogle called the DOJ's proposal as overboard and would harm consumers and innovation, Google argued in August trial that it achieved its market position because they are chosen by the consumers for their innovation and not anti-competitive practices. \nTo counter the DOJ's proposal, Google offers shorter, non-exclusive distribution agreements with its partners, making them free to choose other search engine as the default in their browsers. \nReuters checked that Apple received $20 billion from Google in 2022 alone to make Google as the default on Apple products. Now Apple wants to fight for those payments at Google's next antitrust trial. But it's not just because they get billions.\nApple simply doesn't want to build its own search engine. Creating its own search engine would create competition to Google, something that DOJ seeks, but it's expensive and difficult to start from scratch and would take some time to build. Moreover, it receives billions of dollars each year just by installing Google as default in its products. This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":386127039992312,"gmtCreate":1735309941464,"gmtModify":1735309945328,"author":{"id":"3569473957254831","authorId":"3569473957254831","name":"iNkwiziTs","avatar":"https://static.tigerbbs.com/7cfab89f2382be8e231dff17c4383110","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"3569473957254831","authorIdStr":"3569473957254831"},"htmlText":"About time...","listText":"About time...","text":"About time...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/386127039992312","repostId":2494835423,"repostType":2,"repost":{"id":"2494835423","kind":"highlight","pubTimestamp":1735306600,"share":"https://ttm.financial/m/news/2494835423?lang=&edition=fundamental","pubTime":"2024-12-27 21:36","market":"us","language":"en","title":"Apple Joins Google's Antitrust Battle Over Online Search","url":"https://stock-news.laohu8.com/highlight/detail?id=2494835423","media":"GuruFocus.com","summary":"Apple has decided to step in to defend Google over its antitrust trial over online search under the terms of Apple-Google default agreement. The agreement was about making Google as the default search engine on Apple's Safari browser that involve tens of billion dollar per year from that arrangement.The Department of Justice  sees Google monopolizing search competition by setting exclusive contracts with companies like Apple and making it the largest search engine in the world. And therefore, the DOJ require Google to, among other things, sell its Chrome browser to restore competition in online search.Google called the DOJ's proposal as overboard and would harm consumers and innovation, Google argued in August trial that it achieved its market position because they are chosen by the consumers for their innovation and not anti-competitive practices.Apple simply doesn't want to build its own search engine. Creating its own search engine would create competition to Google, something that ","content":"<html><body><p>Apple has decided to step in to defend Google over its antitrust trial over online search under the terms of Apple-Google default agreement. The agreement was about making Google as the default search engine on Apple's Safari browser that involve tens of billion dollar per year from that arrangement. </p>\n<p>The Department of Justice (DOJ) sees Google monopolizing search competition by setting exclusive contracts with companies like Apple and making it the largest search engine in the world. And therefore, the DOJ require Google to, among other things, sell its Chrome browser to restore competition in online search. </p>\n<ul></ul>\n<p>Google called the DOJ's proposal as overboard and would harm consumers and innovation, Google argued in August trial that it achieved its market position because they are chosen by the consumers for their innovation and not anti-competitive practices. </p>\n<p>To counter the DOJ's proposal, Google offers shorter, non-exclusive distribution agreements with its partners, making them free to choose other search engine as the default in their browsers. </p>\n<p>Reuters checked that Apple received $20 billion from Google in 2022 alone to make Google as the default on Apple products. Now Apple wants to fight for those payments at Google's next antitrust trial. But it's not just because they get billions.</p>\n<p>Apple simply doesn't want to build its own search engine. Creating its own search engine would create competition to Google, something that DOJ seeks, but it's expensive and difficult to start from scratch and would take some time to build. Moreover, it receives billions of dollars each year just by installing Google as default in its products. </p>This article first appeared on \nGuruFocus.\n<br/></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Joins Google's Antitrust Battle Over Online Search</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Joins Google's Antitrust Battle Over Online Search\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-27 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/apple-joins-googles-antitrust-battle-133640967.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple has decided to step in to defend Google over its antitrust trial over online search under the terms of Apple-Google default agreement. The agreement was about making Google as the default search...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-joins-googles-antitrust-battle-133640967.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","LU1196500208.SGD":"NORDEA STABLE RETURN \"HB\" (SGDHDG) ACC","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","AAPL":"苹果","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","BK4561":"索罗斯持仓","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","MACW.SI":"APPLE 3xLongSG261006","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","GOOGL":"谷歌A","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU0949170426.SGD":"Blackrock Global Multi-Asset Income A6 SGD-H","GOOG":"谷歌","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","USJW.SI":"ALPHAB 3xLongSG261006","BK4585":"ETF&股票定投概念","LU0545039389.USD":"BGF GLOBAL EQUITY INCOME \"A2\" ACC","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU2092627202.USD":"Blackrock ESG Multi-Asset A8 USD-H","LU2720916845.USD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (USD) ACC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU1582987324.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) ACC"},"source_url":"https://finance.yahoo.com/news/apple-joins-googles-antitrust-battle-133640967.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2494835423","content_text":"Apple has decided to step in to defend Google over its antitrust trial over online search under the terms of Apple-Google default agreement. The agreement was about making Google as the default search engine on Apple's Safari browser that involve tens of billion dollar per year from that arrangement. \nThe Department of Justice (DOJ) sees Google monopolizing search competition by setting exclusive contracts with companies like Apple and making it the largest search engine in the world. And therefore, the DOJ require Google to, among other things, sell its Chrome browser to restore competition in online search. \n\nGoogle called the DOJ's proposal as overboard and would harm consumers and innovation, Google argued in August trial that it achieved its market position because they are chosen by the consumers for their innovation and not anti-competitive practices. \nTo counter the DOJ's proposal, Google offers shorter, non-exclusive distribution agreements with its partners, making them free to choose other search engine as the default in their browsers. \nReuters checked that Apple received $20 billion from Google in 2022 alone to make Google as the default on Apple products. Now Apple wants to fight for those payments at Google's next antitrust trial. But it's not just because they get billions.\nApple simply doesn't want to build its own search engine. Creating its own search engine would create competition to Google, something that DOJ seeks, but it's expensive and difficult to start from scratch and would take some time to build. Moreover, it receives billions of dollars each year just by installing Google as default in its products. This article first appeared on \nGuruFocus.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}