• btc = $51 740.00 677.94 (1.33 %)

  • eth = $3 032.41 72.57 (2.45 %)

  • ton = $2.11 0.05 (2.26 %)

  • btc = $51 740.00 677.94 (1.33 %)

  • eth = $3 032.41 72.57 (2.45 %)

  • ton = $2.11 0.05 (2.26 %)

19 Dec, 2023
1 min time to read

Alphabet's Google has entered into a significant antitrust settlement with U.S. states, agreeing to pay $700 million in response to allegations of overcharging consumers and imposing unfair restrictions on the distribution of apps through Android devices.

The terms include a $630 million settlement fund for consumers, with eligible users receiving at least $2 and potentially more based on Google Play spending from August 16, 2016, to September 30, 2023. An additional $70 million will go into a fund for states.

While Google denies wrongdoing, the settlement introduces notable changes, such as increased billing options for in-app purchases and simplified direct app downloads from developers. The agreement is pending final approval from a judge.