"Alphabet CEO Pichai Faces Intense Scrutiny Over Record-Keeping in Google Play Trial"

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Source: Yahoo Finance
"Alphabet CEO Pichai Faces Intense Scrutiny Over Record-Keeping in Google Play Trial"
Photo: Yahoo Finance
TL;DR Summary

Alphabet CEO Sundar Pichai testified in federal court to defend Google against antitrust claims by Epic Games, arguing that the company has acted appropriately in the face of competition from giants like Apple and Samsung. Pichai faced questions about Google's record-keeping transparency and its relationships with partners and rivals. Epic Games accused Google of using revenue-share agreements and deals with app developers to maintain dominance in the mobile-app distribution market. Pichai confirmed that Google gives Apple a 36% share of advertising revenue from searches in the Safari browser. The trial could potentially impact Google's revenue if it is forced to open its app store to alternative payment and distribution methods.

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