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CEO NA Magazine > Business > Google to pay out $630 million in app store settlement

Google to pay out $630 million in app store settlement

in Business, News
Google to pay out $630 million in app store settlement
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On Monday, technology giant Google agreed to pay more than $700 million in restitution for implementing monopolistic practices into its proprietary Google Play app store.

The company will specifically pay out $630 million in compensation to users affected by its app store policies.

Approximately 102 million Americans will be eligible to receive payouts starting at $2 from the settlement.

Google will also be required to allow increased competition in the Google Play store moving forward. 

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