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Stockreport

Google locks its search on your iPhone for $20 billion a year, government argues in epic monopoly case [Fortune]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Fortune
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
lock out competition, Justice Department lawyers argued at the closings of a high-stakes antitrust lawsuit. Google, on the other hand, maintains that its ubiquity flows from its excellence, and its ability to deliver consumers the results that it's looking for. The government and Google made their closing arguments Friday in the 10-week lawsuit to U.S. District Judge Amit Mehta, who must now decide whether Google broke the law in maintaining a monopoly status as a search engine. Much of the case, the biggest antitrust trial in more than two decades , has revolved around how much Google derives its strength from contracts it has in place with companies like Apple to make Google the default search engine preloaded on cellphones and computers. At trial, evidence showed that Google spends more than $20 billion a year on such contracts. Justice Department lawyers have said the huge sum is indicative of how important it is for Google to make itself the default search engine and bloc [Read more]
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Stockreport

Google locks its search on your iPhone for $20 billion a year, government argues in epic monopoly case [Fortune]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Fortune
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
lock out competition, Justice Department lawyers argued at the closings of a high-stakes antitrust lawsuit. Google, on the other hand, maintains that its ubiquity flows from its excellence, and its ability to deliver consumers the results that it's looking for. The government and Google made their closing arguments Friday in the 10-week lawsuit to U.S. District Judge Amit Mehta, who must now decide whether Google broke the law in maintaining a monopoly status as a search engine. Much of the case, the biggest antitrust trial in more than two decades , has revolved around how much Google derives its strength from contracts it has in place with companies like Apple to make Google the default search engine preloaded on cellphones and computers. At trial, evidence showed that Google spends more than $20 billion a year on such contracts. Justice Department lawyers have said the huge sum is indicative of how important it is for Google to make itself the default search engine and bloc [Read more]
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GOOG
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