Google Says It Will Appeal Ruling Allowing Rival App Stores on Android Devices
Tesla's Robotaxi Day Could Be Good News for Google Stock
Google Will Continue To Fight Epic Games In Court To Halt Epic-Requested Changes To Play Store: 'Undercut Android's Ability To Compete With Apple's iOS'
Google Antitrust Case Reaches Next Phase: Potential Remedies
Google suffered a heavy blow in the antitrust case, and its dominant position in the Android app market may be overturned.
A U.S. judge has issued a permanent injunction forcing Google to provide an alternative to the Google Play Store for Android phones to download applications. Google will also be prohibited from paying fees to companies or sharing revenue in exchange for not competing with Google's app store. Alphabet, Google's parent company, saw its stock price drop by more than 2.4%, dragging down the U.S. large cap index significantly after midday. Analysts say the latest ruling may accelerate the weakening of Google and Apple's control over app store dominance.
Epic wins the lawsuit! A US judge ruled that Google (GOOG.US, GOOGL.US) must open the Android system to third-party stores.
As of Monday's close, Google fell by 2.47%, closing at $164.39.
