Google is paying out $700M to Android app buyers Techlicious
Google's surprise settlement of a long-standing class-action lawsuit has resulted in a $700 million payout to Android app developers, effectively reversing a 2016 court ruling that deemed Google's in-app payment system a monopoly. The payout covers a period spanning 2016 to 2021, during which Google allegedly extracted a 15-30% commission on in-app transactions. This sudden windfall is poised to reshape the mobile app economy. AI-assisted, human-reviewed.
Google is paying out $700M to Android app buyers Techlicious
Google News: Android