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by yoshicoder
423 days ago
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I mean it wouldn't make sense for it to be more profitable for google if there were no search deals, since otherwise they would just cancel the deal themselves. Clearly they see long term value in blocking out competition even at that high of a price |
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A historical parallel is when tobacco advertising was banned, and cigarette companies because more profitable. Advertising greatly affected which cigarettes people smoked but had a smaller (though still real) impact on whether they smoked. So the companies kept most of the revenue with none of the advertising cost.