Google’s loss to Epic Games leads to $700M settlement with users, states
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After Epic Games proved that Google's Android app store monopoly violates antitrust law, Google has agreed to pay a $700 million settlement with US states and consumers, Reuters reported.
Once a judge approves the settlement, the largest chunk-$630 million-will go to consumers who allegedly were hit with unnecessary fees for in-app transactions. Google has not admitted to any wrongdoing, but each eligible consumer will receive at least $2, and some will receive more. Individual payouts will vary, depending on how much consumers spent in the Google Play Store between August 16, 2016 and September 30, 2023.
The remaining $70 million will go to states that joined the settlement, which includes all 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands.