Google asks US appeals court to reject app store monopoly verdict
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Alphabet's Google has requested a U.S. appeals court to overturn a jury verdict and a judge's order that mandates changes to its Play Store, which was deemed monopolistic.
November 27, 2024 | 8:45 pm
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Google is appealing a court decision that requires it to modify its Play Store operations due to monopoly concerns. This legal challenge could affect its app distribution strategy and revenue.
The legal appeal by Google against the monopoly verdict is significant as it could lead to changes in how the Play Store operates, potentially affecting Google's revenue from app sales and in-app purchases. The outcome of this appeal could have a negative short-term impact on Google's stock price due to the uncertainty and potential operational changes.
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