Google shares more than a third of its revenue generated via the Safari browser with Apple as part of a deal that makes Google the default search engine on the browser.
Since 2002, both Google and Apple have maintained an agreement according to which Google is set as the default search engine on Apple’s Safari. The exact details of the revenue-sharing agreement have largely remained confidential. On Monday, Kevin Murphy, a University of Chicago professor and the main economics expert at Google owner Alphabet Inc., spilled the secret.