The technology company Google paid $26.3 billion in 2021 to be the main internet search engineas the company announced during the antitrust trial being conducted against it in Washington.
The figure doesn’t include a breakdown by company, but according to CNBC, it’s likely a major user Manzana.
The United States Department of Justice, which is suing, claims the tech company is using its dominant position in the search engine market to block other companies and create a kind of vicious circle.
Google, for its part, defends itself by saying that it only takes a few mouse clicks to use alternative search engine.
A technology company typically discloses the amount it spends on traffic acquisition costs, but combines it with the money it spends on advertising.
According to data revealed this Friday in the trial, the company’s traffic acquisition costs quadrupled between 2014 and 2021. While search engine revenues tripled.
In 2021, the company earned $146 billion in revenue from its search engine business.
This is the first big trial for monopoly federal government in the modern Internet eraa time when major technology companies have become thought leaders in fields from information to entertainment.
The case began in mid-September in a court in Washington and is expected to last about ten weeks.
Source: Panama America
I am Amelia James, a passionate journalist with a deep-rooted interest in current affairs. I have more than five years of experience in the media industry, working both as an author and editor for 24 Instant News. My main focus lies in international news, particularly regional conflicts and political issues around the world.
