Business
Google agrees to pay $700 mn in Play Store dispute settlement
New Delhi, Dec 19
Google has agreed to pay $700 million to the US consumers and states in a settlement over Play Store reached in September.
The company will pay $630 million to consumers and $70 to a fund used by states.
"Google will pay $630 million into a settlement fund to be distributed for the benefit of consumers according to a Court-approved plan and $70 million into a fund that will be used by the states," the tech giant said in a blogpost on Monday.
In September, a class action lawsuit was filed against Google by US states and consumers. The lawsuit alleged that Google has a monopoly over app distribution on Android through its Play Store.
"This settlement builds on Android's choice and flexibility, maintains strong security protections, and retains Google’s ability to compete with other OS makers, and invest in the Android ecosystem for users and developers. We're pleased to resolve our case with the states and move forward on a settlement," Google said.
This comes after Fortnite maker Epic Games won its antitrust battle with Google in a landmark case that went on for three years.
The unanimous verdict by a US jury wraps up the legal battle between the tech companies. The jury found that Google turned its Play Store and Google Play Billing service into an illegal monopoly, reports The Verge.
Epic filed its lawsuit against Google in 2020, alleging that Google Play Store practices violated US antitrust laws.
3 hours ago
G20 Johannesburg summit calls for improving global governance
3 hours ago
EAM Jaishankar speaks to Ukrainian FM, discusses latest conflict-related developments
3 hours ago
PM Modi holds significant discussions with world leaders during Jo'burg G20 Summit
3 hours ago
US says Russia-Ukraine peace draft made with Moscow's 'input'
3 hours ago
Ukraine, US to hold consultations on peace plan in Switzerland
3 hours ago
Houthi court sentences 18 Yemeni UN aid workers to death for 'spying for Israel'
3 hours ago
Justice Surya Kant to take oath as 53rd CJI tomorrow
3 hours ago
Tejas pilot’s body brought to Coimbatore; IAF personnel pay tearful tribute
3 hours ago
The Third Eye: Strategic significance of transparency
3 hours ago
Gujarat CM changes his programme venue for citizen's wedding in Jamnagar
3 hours ago
'He is daydreaming': DKS dismisses Kumaraswamy's claim of 'explosive political developments' in K'taka
3 hours ago
TN govt brings Cuddalore’s Srimushnam taluk under Cauvery Delta region; over 18,000 farmers to benefit
3 hours ago
Bilateral trade to grow, investment to surge with proposed Israel FTA: Piyush Goyal
