Google Claps Back At Antitrust Claims, Says Competition With Apple 'As Intense As It Gets'
Portfolio Pulse from Ananya Gairola
Google executive, Jamie Rosenberg, defended the company's revenue-sharing payments to smartphone manufacturers and carriers, arguing they are critical for sustaining the Android ecosystem. The Department of Justice's antitrust lawsuit claims that Google's substantial payments to Apple, Samsung, and other companies for default search engine placement have stifled competition. Lawyers for the Department disputed Rosenberg's testimony, suggesting that the Android operating system could be sustained with profits from the Google Play store.
November 09, 2023 | 2:18 am
News sentiment analysis
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NEGATIVE IMPACT
Google's revenue-sharing payments are under scrutiny in an ongoing antitrust trial. The outcome of the trial could potentially impact Google's business model and relationships with partners.
The ongoing antitrust trial could potentially result in changes to Google's business practices, particularly its revenue-sharing agreements. This could impact Google's profitability and its relationships with partners such as Apple and Samsung.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Apple is mentioned in the context of Google's revenue-sharing payments. The outcome of the antitrust trial could potentially impact Apple's relationship with Google.
Apple is one of the companies that receives revenue-sharing payments from Google. The outcome of the antitrust trial could potentially impact this arrangement, although it is unclear what the specific impact on Apple would be.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEUTRAL IMPACT
Samsung is mentioned in the context of Google's revenue-sharing payments. The outcome of the antitrust trial could potentially impact Samsung's relationship with Google.
Samsung is one of the companies that receives revenue-sharing payments from Google. The outcome of the antitrust trial could potentially impact this arrangement, although it is unclear what the specific impact on Samsung would be.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60