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Major Tech Company Hit With Massive Payout After Losing Lawsuit

via 6abc Philadelphia
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Google has agreed to pay $700 million and make changes to its app store policies to settle an antitrust lawsuit related to its handling of apps on Android devices.

The settlement, announced in September, includes a $630 million fund for consumers and a $70 million fund to resolve state claims.

“This settlement builds on Android’s choice and flexibility, maintains strong security protections, and retains Google’s ability to compete” with other systems, Wilson White, Google’s vice president for government affairs and public policy, stated. (Trending: Supreme Court Delivers Historic Ruling on AR-15s)

“Each eligible consumer will receive at least $2 and will receive additional payments in proportion to their Google Play spending during the period between August 16, 2016 and September 30, 2023,” Google said.

Eligible consumers will receive at least $2 and additional payments based on their Google Play spending.

This comes after a recent loss in a court trial with Epic Games.

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