Google, DOJ, and Default Inertia

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 11 October 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The DOJ’s anti-trust suit against Google is far from over, but details are emerging that show even the search giant knew the optics of their search default deal with Apple weren’t great. (00:21) Tim Beyers and Dylan Lewis discuss: - How the DOJ is charging Google cemented itself as the search leader with exclusive deals with Apple. - Just how lucrative those deals were for Apple. - The similarities with this case and the government’s anti-trust case against Microsoft in the 1990s. (14:46) Mary Long caught up with Motley Fool analyst Sanmeet Deo for a chat about airport security stock Clear and the race to the front of the line. Companies discussed: AAPL, GOOG, GOOGL, YOU Host: Dylan Lewis Guests: Tim Beyers, Mary Long, Sanmeet Deo Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	P.S.A., if you're looking for something, you don't have to Google it.
0:08.3	You can also use Bing, Yahoo, and Duck Duck Go.
0:11.2	Motleyful Money starts now.
0:12.8	I'm Dylan Lewis, and I'm joined over the airwaves by Motleyful Analyst, Tim Byers,
0:24.7	Tim.
0:25.7	Scale 0-10.
0:26.7	What are we looking at in terms of caffeination right now?
0:28.3	We're going to 11, Dylan.
0:29.9	Let's not get around.
0:33.6	I'm about a half cup behind you, but I will get there.
0:35.9	I promise. Today, we are looking at the DOJ's case against Alphabet's Google
0:40.8	and one spot where AI may be affecting hiring.
0:44.1	Let's start with the antitrust talk, Tim.
0:47.2	So many of our antitrust conversations recently have been about potential deals
0:51.2	and whether or not they will go through.
0:53.3	In the case of the DOJ and Google, though, this is the government looking at past action
0:58.0	by a company and saying it led to a monopoly or reinforcement monopoly.
1:02.6	Right. And this is the deal between Google and Apple for over many years in which Google
1:08.6	became the default search engine across all sorts of Apple devices.
1:13.6	But I think the one that's primarily an issue here is the iPhone, where if you were looking
1:19.6	on the iPhone using Safari on the iPhone and searching on the iPhone, your default search
1:24.9	engine was Google. And this is proven to be incredibly lucrative for Apple over time.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.