A US judge has ordered Alphabet's Google (GOOG, GOOGL) to overhaul its app store and open it up to competitors as part of a lawsuit from Epic Games. Yahoo Finance tech editor Dan Howley explains the latest developments for the tech giant. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
(Bloomberg) -- Alphabet Inc. must lift restrictions that prevent developers from setting up rival marketplaces and billing systems that compete with its Google Play Store, a judge ruled, upending the search giant’s dominance in the lucrative Android app market and probably denting its revenue.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago, NFL Teams Dream of D
Fortnite maker Epic Games had originally filed the antitrust suit in 2020 after Google booted it from its app store. Billions of dollars in annual profit are at stake.