Google paid $26 billion to be default search engine in 2021: report
SUBSCRIBE
JOBS
Custom Image
Go Back
1 year ago 01:32:41pm Television

Google paid $26 billion to be default search engine in 2021: report

New Delhi,28-October-2023, By IBW Team

Google

Alphabet’s Google paid $26.3 billion to other companies in 2021 to ensure its search engine was the default on web browsers and mobile phones, a top company executive testified during the Justice Department’s antitrust trial, Bloomberg News reported on Friday.

The amount of payments Google made for the default status has more than tripled since 2014, according to senior executive Prabhakar Raghavan who is responsible for both search and advertising, the report added.

Google‘s revenue from search advertising came in at $146.4 billion in 2021, while the payments for the default setting were its biggest cost, Raghavan was mentioned as Reuters reported..

The company has argued the revenue share agreements are legal and that it has invested to keep its search and advertising businesses competitive. It has also argued that if people are dissatisfied with defaults that they can, and do, switch to another search provider.

Google had objected to revealing the numbers, saying they would harm the company’s ability to negotiate contracts in the future. Judge Amit Mehta, who is overseeing the case, ruled that the numbers should be disclosed, the report added.


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Our Events

  • img
    SatCab Symposium

    SatCab symposium organized by Aavishkar Media Group is an annual event. It's a well-informed event where we have a panel discussion on the current affairs and future forecasting on our industry.

  • img
    BCS
    Ratna Awards

    BCS Ratna Award organized by Aavishkar Media Group is an annual event. In this award function, a community of our industry is honored by receiving the award for the contribution of their work.

  • img
    Chetna Yatra

    Chetna Yatra organized by Aavishkar Media Group is an annual event. Held by Dr. AK Rastogi, Chairman of Aavishkar Media Group. Pilgrimage India in his car for connecting the people of our industry.

  • img
    Imaan India Sammaan

    Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

Youtube Videos