12/19/2023

Google to Pay $700 Million to U.S. Consumers, States in Play Store Settlement

The settlement said eligible consumers will receive at least $2

Alphabet's Google has agreed to pay $700 million and to allow for greater competition in its Play app store, according to the terms of an antitrust settlement with U.S. states and consumers disclosed on Monday in a San Francisco federal court.

Google will pay $630 million into a settlement fund for consumers and $70 million into a fund that will be used by states, according to the settlement, which still requires a judge's final approval.

The settlement said eligible consumers will receive at least $2 and may get additional payments based on their spending on Google Play between August 16, 2016 and Sept. 30, 2023.

Please select this link to read the complete article from Reuters.