U.S. Judge Orders Google To Open Up App Store To More Competition
Portfolio Pulse from Benzinga Newsdesk
A U.S. judge has ordered Google to allow more competition in its app store, potentially impacting its business model and revenue from app store operations.
October 07, 2024 | 6:25 pm
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A U.S. judge's order for Google to open its app store to more competition could impact its revenue from app store operations, as it may lead to reduced fees and increased competition.
The court order directly affects Google's app store operations, which are a significant part of its business. Increased competition could lead to reduced fees and lower revenue, negatively impacting the stock price in the short term.
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