Google Gets Temporary Relief In Epic Games Lawsuit, Play Store To Remain Closed To Competitors For Now
Portfolio Pulse from Ananya Gairola
A federal judge has granted Alphabet Inc. (Google) a temporary stay on a court order to revamp its Play Store, following an antitrust lawsuit by Epic Games. This allows the 9th U.S. Circuit Court of Appeals to review Google's appeal. Epic Games criticized the ruling as procedural.
October 19, 2024 | 3:28 am
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POSITIVE IMPACT
Google has received a temporary stay on a court order to revamp its Play Store, following an antitrust lawsuit by Epic Games. This allows time for the 9th Circuit Court to review Google's appeal.
The temporary stay allows Google to maintain its current Play Store operations, which is positive for its business model and revenue streams. The delay in implementing changes reduces immediate operational risks.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Alphabet Inc. (Google) has been granted a temporary stay on a court order to change its Play Store, following an antitrust lawsuit by Epic Games. This provides time for the 9th Circuit Court to review Google's appeal.
The temporary stay is beneficial for Alphabet as it avoids immediate changes to the Play Store, preserving its current business model and reducing short-term risks. The appeal process provides additional time to strategize.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90