Google agrees to pay $700m after antitrust settlement with consumers and US states
Google agrees to pay $700m after antitrust settlement with consumers and US states
The company was accused of overcharging consumers but did not admit wrongdoing
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.
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To be slightly more accurate, that jar should be shown next to 100,000 other full spare change jars, surrounded by tons of change that fell out of the change jars because the change jars were too full, 500 floors below the giant Scrooge McDuck moneybin with a rocket pad on top that Jeff Bezos swims around in.
But I suppose that would be hard to sum up in one image.
Jeff just treating all money bins like his own.