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Apple Secures $20B Google Search Deal in Antitrust Ruling Relief
Apple Secures $20B Google Search Deal in Antitrust Ruling Relief
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BTCCSquare news:
A federal court's antitrust ruling on Google has unexpectedly benefited Apple shareholders. The judge permitted Google to maintain its $20 billion annual payments to Apple for default search engine placement on iPhones—a revenue stream accounting for nearly 1% of global search advertising spend.
While prohibiting exclusive agreements, the decision validates Apple's lucrative Safari browser monetization strategy. Shares rose 3.8% as investors priced in reduced regulatory risk. The ruling highlights how Big Tech interdependencies create asymmetric advantages—Google retains 90% search dominance while Apple collects what amounts to a 30% 'tax' on its rival's core business.
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