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Down Round

Google's Apparently Illegal Monopoly

13 Aug 2024

Description

Apple's profit from "Services" is set to surpass profits from iPhones within a couple of years, which is pretty crazy, really. Of the ~$80-90b Apple make a year in "Services", around 25% of that comes from Google handing over north of $20 billion per year to be the default search engine in Safari. For years, Google has been freaked out by the prospect of Apple building their own search engine, as outlined in Raph's piece here. A judge has now ruled this is ILLEGAL. What will come of this? What's the deal with seach? Links Judge rules that Google ‘is a monopolist’ in US antitrust case – The Verge Raph's piece on Apple Maps and its role. See omnystudio.com/listener for privacy information.

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