Why do we stick to the default option?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 23 October 2023
⏱️ 26 minutes
🧾️ Download transcript
Summary
Do users actually like Google’s search engine best, or does its role as default option seal the deal? That’s the question at the center of the Justice Department’s antitrust trial against Google — whose parent company, Alphabet, spends billions to be the default on all sorts of devices. In this episode, we examine the psychology of defaults and why they wield serious power. Plus, we’ll investigate the revenue side of the budget deficit and get your bond yield questions answered.
Transcript
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| 0:00.0 | It's the sound of another sale on Shopify, the all-in-one commerce platform to start, run, and grow your business. |
| 0:08.0 | Shopify is the commerce platform revolutionizing millions of businesses worldwide, covering all your sales channels, |
| 0:16.3 | from the Shopfront Ready POS system to its all-in-one e-commerce platform. Shopify even gets |
| 0:22.2 | you selling across social media marketplaces like Facebook, |
| 0:25.6 | Instagram and Tik-Tock. |
| 0:27.6 | It's time to get serious about selling and get Shopify today. |
| 0:31.7 | Sign up for a one pound per month trial period at Shopify today. today. Sign up for a one pound per month trial period at shopify.co. UK slash marketplace, all lower case. |
| 0:39.3 | Go to shopify.co.uk. marketplace to take your business to the next level today. |
| 0:45.0 | Shopify. co. UK slash Marketplace. |
| 0:50.0 | When was the last time you changed your mind? |
| 0:54.0 | Economically, I mean, from American public media, |
| 0:59.0 | this is market plants. In Los Angeles, I'm Ka Rizdahl. It is Monday, today the 23rd day of October. Good as always to have you long. Everybody, we are in month two of what I think one can say without too terribly much fear of |
| 1:24.8 | contradiction is the most important antitrust trial of the 21st century. |
| 1:30.0 | Granted we are not even a quarter of the way through said Century but United States the |
| 1:35.2 | Google LLC is a biggie a keyword search of the government's original complaint |
| 1:40.4 | it tells you exactly what this case is all about. |
| 1:43.2 | Default is the key word in question. |
| 1:46.5 | The Department of Justice says Google paid Apple |
| 1:48.9 | and others billions of dollars a year |
| 1:51.8 | to be the default search engine on devices of all kinds. |
| 1:55.0 | Google says it's just better. |
| 1:57.5 | And any way if consumers really wanted to use some other search engine, |
... |
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