Google has agreed to pay US$700m and to allow for greater competition in its Play app store, according to the terms of an antitrust settlement with US states and consumers disclosed in a San Francisco federal court.
Google was accused of overcharging consumers through unlawful restrictions on the distribution of apps on Android devices and unnecessary fees for in-app transactions. It did not admit wrongdoing.
The company will pay $630m into a settlement fund for consumers and $70m into a fund that will be used by states, according to the settlement, which still requires a judge’s final approval.
I normally don’t like the concept behind mandatory minimum but I feel like here it’s pretty clearly needed, the government shouldn’t be allowed to rule for or accept a settlement for anything less than 1.5X the additional revenue brought in by the impeachable practice.
You should not be able to turn net profit on being prosecuted for illegal practices.
Nah. 1.5 all revenue gained during the offending period. Fraud synergy.