Epic Games Alleges Google Employed 'Bribe And Block' Tactics To Quash Competition
Portfolio Pulse from Benzinga Neuro
Alphabet Inc. is facing allegations by Epic Games Inc. of employing 'bribe and block' strategies to stifle competition within its Google Play app marketplace. The outcome of the ongoing antitrust trial could potentially impact the billions of dollars in revenue from Google’s app store. Epic's attorney claimed that Google's practice of paying off rivals and preventing them from establishing their app stores resulted in inflated prices, compromised quality, and reduced consumer choices. Google's attorney refuted the allegations.

November 07, 2023 | 4:24 am
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NEGATIVE IMPACT
Alphabet Inc. is facing allegations of employing anti-competitive strategies in its Google Play app marketplace. The outcome of the ongoing antitrust trial could impact the company's app store revenue.
The allegations of anti-competitive behavior and the ongoing antitrust trial could potentially harm Alphabet's reputation and impact its app store revenue. If the court rules against Alphabet, it could lead to changes in the company's business practices and potentially result in financial penalties.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Alphabet Inc. is facing allegations of employing anti-competitive strategies in its Google Play app marketplace. The outcome of the ongoing antitrust trial could impact the company's app store revenue.
The allegations of anti-competitive behavior and the ongoing antitrust trial could potentially harm Alphabet's reputation and impact its app store revenue. If the court rules against Alphabet, it could lead to changes in the company's business practices and potentially result in financial penalties.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100