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

livemint.com:

Also Read: Google CEO Sundar Pichai to testify in landmark antitrust battle over search dominance! What is it all about 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 saying in the Bloomberg report. Google declined to comment on the testimony when contacted by Reuters.

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.

Also Read:Google introduces new tools to combat online misinformation: About this image, Fact Check Explorer, and more 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.