Sundar Pichai, CEO of Alphabet Inc and its subsidiary Google, testified Monday in a once-in-a generation antitrust fight with the U.S. government that the company sought to make browser use and internet search easy and secure.
WASHINGTON, Oct 30 (Reuters) - Sundar Pichai, CEO of Alphabet Inc (GOOGL.O) and its subsidiary Google, testified Monday in a once-in-a generation antitrust fight with the U.S. government that the company sought to make browser use and internet search easy and secure.
If the government wins, the company may be forced to scrap some business practices that have helped it stay on top.
In testimony Monday morning, Pichai took a couple of swipes at Microsoft’s (MSFT.O) browser, Internet Explorer.
The government, in cross-examination, will likely also ask about the billions of dollars paid annually to smartphone makers like Apple (AAPL.O) and wireless carriers like AT&T (T.N) to be the default in search on their devices in order to stay on top.
The clout in search makes Google a heavy hitter in the lucrative advertising market, its biggest revenue source.
Google has argued the revenue share agreements are legal and that it has invested heavily to keep its search and advertising businesses competitive.
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WASHINGTON, Oct 30 (Reuters) - Sundar Pichai, CEO of Alphabet Inc (GOOGL.O) and its subsidiary Google, testified Monday in a once-in-a generation antitrust fight with the U.S. government that the company sought to make browser use and internet search easy and secure.
If the government wins, the company may be forced to scrap some business practices that have helped it stay on top.
In testimony Monday morning, Pichai took a couple of swipes at Microsoft’s (MSFT.O) browser, Internet Explorer.
The government, in cross-examination, will likely also ask about the billions of dollars paid annually to smartphone makers like Apple (AAPL.O) and wireless carriers like AT&T (T.N) to be the default in search on their devices in order to stay on top.
The clout in search makes Google a heavy hitter in the lucrative advertising market, its biggest revenue source.
Google has argued the revenue share agreements are legal and that it has invested heavily to keep its search and advertising businesses competitive.
The original article contains 317 words, the summary contains 162 words. Saved 49%. I’m a bot and I’m open source!