The Justice Department will ‘very likely’ kill Google’s billion-dollar deal to be the default search engine on iPhones, Jefferies predicts

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Analysts at Jefferies say it’s “very likely” the U.S. Department of Justice will ban Google’s longtime search deal on iPhones, a decision Jefferies predicts could sink Apple’s stock by as much as 11%.

Google has been at the center of…

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https://fortune.com/2024/10/16/apple-google-search-deal-antitrust-doj-jeffries/