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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Online business & e-commerce

Google agrees $700m Play Store settlement

Google has agreed to a $700 million settlement over allegations of stifling competition in its Play Store on Android devices.

This deal follows a lawsuit by US states and a related victory by Epic Games against Google. The Alphabet Inc-owned tech giant will allocate $630 million to a consumer fund and $70 million to state funds.

Additionally, Google has pledged changes to the Android system in the US, allowing developers to use alternative billing methods for in-app purchases.

This move comes after criticisms of Google's high fees and lack of payment options in the Play Store. In a pilot program with Spotify, Google began exploring alternative payment methods last year, which it now plans to expand across the Play Store.

The settlement, requiring approval from a California federal judge, also includes provisions for easier app downloading outside the Play Store and updates on risk notifications for users.

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