(Reuters) – Google, owned by Alphabet (NASDAQ: ), has agreed to pay $700 million and allow more competition for smartphone apps on its online store, the Play Store. A California court.
In a press release, the tech giant said it would pay $630 million and $70 million to consumers and US states who filed complaints in federal court in San Francisco.
Google was accused of illegally restricting the distribution of apps for Android devices and overcharging customers by applying unnecessary fees to in-app transactions.
A final agreement by a judge is required to validate an amicable settlement agreement. Google has admitted no wrongdoing.
Although the state of Utah, the lead plaintiff, and others announced a settlement had been reached in September, its details were kept secret in advance of Google’s antitrust lawsuit filed by Epic Games, the developer of the video game Fortnite. A California jury ruled in Epic’s favor last week.
(Reporting by Mike Scarcella and Shivani Tanna; French editing by Jean Terzian)
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