Google to pay $700 million in antitrust settlement with US states

Google has entered into a settlement agreement with the US States and has agreed to pay US$700 million & to allow for greater competition in its app store – PlayStore. It has been alleged by plaintiff States, in the lawsuit, that Google has been exploiting its dominance in the PlayStore by overcharging consumers through unlawful restrictions on the distribution of apps on Android devices and unnecessary fees for in-app transactions. As a part of the settlement agreement, Google will simplify Android user’s ability to download apps directly from the developers.