Google agrees to $700M settlement after Android app store Play accused of anti-competitive tactics

Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store, California Attorney General Rob Bonta said on Tuesday. Although Google struck a deal with state attorneys general in September, the settlement’s terms weren’t revealed until late Monday. The disclosure came a week after a federal court jury rebuked Google for deploying anti-competitive tactics in its Play Store for Android apps, the same issue that went to trial in another case that could result in even bigger changes. The settlement includes $630 million to compensate U.S. consumers funneled into a payment processing system that state attorneys general allege drove up prices. For more info, please go to https://globalnews.ca/news/9943598/google-us-settlement-app-store/ Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews #Google #US