PRNewswire: Class action lawsuit filed in California alleging Google is paying Apple to stay out of the search engine business (PRESS RELEASE)

PRNewswire: Class action lawsuit filed in California alleging Google is paying Apple to stay out of the search engine business (PRESS RELEASE). “The complaint charges that Google and Apple agreed that Apple would not compete in the internet search business against Google. The complaint claims that the means used to effectuate the non-compete agreement included; (1) Google would share it’s search profits with Apple; (2) Apple would give preferential treatment to Google for all Apple devices; (3) regular secret meetings between the executives of both companies; (4) annual multi-billion-dollar payments by Google to Apple not to compete in the search business; (5) suppression of the competition of smaller competitors and foreclosing competitors from the search market; (6) acquiring actual and potential competitors.”

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