Apple's Eddy Cue to Testify in DOJ's Google Trial, Defending Google Default Search Deal
Portfolio Pulse from Anusuya Lahiri
Apple's Senior Vice President of Services, Eddy Cue, is set to testify in a DOJ case against Google, defending the deal where Google pays Apple up to $19 billion to be the default search engine on Apple devices. The DOJ alleges that Google is monopolizing online search through licensing agreements. Cue will argue that Apple chose Google due to its high-quality service and has no incentive to create its own search engine. He will also highlight Apple's revenue-sharing agreements with competing search engines like Yahoo, Microsoft Bing, DuckDuckGo, and Ecosia.
September 26, 2023 | 2:49 pm
News sentiment analysis
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NEGATIVE IMPACT
Google is facing a DOJ case alleging that it is monopolizing online search through licensing agreements, including the one with Apple. The outcome of the trial could potentially impact Google's nearly 90% share of the online search market.
The outcome of the trial could potentially impact Google's nearly 90% share of the online search market and hence the negative score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Apple's Eddy Cue is set to testify in a DOJ case against Google, defending the deal where Google pays Apple up to $19 billion to be the default search engine on Apple devices. This could potentially impact Apple's revenue if the deal is found to be monopolistic.
The outcome of the trial could potentially impact Apple's revenue from the deal with Google. However, it's uncertain at this point and hence the neutral score.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Microsoft is mentioned as one of the search engines with which Apple has a revenue-sharing agreement. The outcome of the trial could potentially impact these agreements.
The outcome of the trial could potentially impact Microsoft's revenue-sharing agreement with Apple. However, it's uncertain at this point and hence the neutral score.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Samsung is mentioned in the DOJ's case against Google, alleging that Google's exclusive agreements with mobile phone makers, including Samsung, create barriers to entry for competing search engines.
The outcome of the trial could potentially impact Samsung's agreement with Google. However, it's uncertain at this point and hence the neutral score.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50