Business Maverick: Google Play fee suit by consumers grows to 21 million users

A federal judge exponentially increased the Alphabet unit’s damages exposure by granting class-action status on Monday in a suit alleging that Google Play has abused its power over the sale and distribution of Android mobile applications.

The consumer dispute is part of a sprawling antitrust fight that also includes complaints filed by attorneys general of almost three dozen states, Epic Games, Match Group and a group of small app developers. The actions threaten the billions of dollars in revenue generated by Google Play, according to Bloomberg Intelligence analyst Jennifer Rie.The class approved by the judge includes Google Play users since August 2016 in 17 US states and territories not represented in the suitin July 2021 by state attorneys general, Karma Giulianelli, an attorney representing consumers, told Donato at an August hearing. Almost 70 million consumers are covered by the states’ suit, she said.

The consumers claim Google inflates Android app prices by taking, with some exceptions, a 30% cut of sales on Google Play. But for Google’s anti-competitive conduct, the company would “offer discounts, more subsidies in the form of rewards” to bring users to its marketplace, Giulianelli said at the hearing.

Google’s attorney, Justin Raphael, argued against letting the case proceed as a class action, saying there are too many differences among app transactions to group users together. Apps have a varied price and cost structure, Raphael said at the hearing.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Business Maverick: Scotch Whisky Prices Jump as Investors Seek Haven, FT SaysThe value of rare Scotch whiskies has climbed by more than a fifth this year as younger investors sought tangible assets amid volatile financial markets, the Financial Times reported.
Fonte: dailymaverick - 🏆 3. / 84 Leggi di più »

Business Maverick: China’s Industrial Profits Drop as Covid Surges, Prices FallProfits at industrial firms in China continued to decline in the first 10 months of the year, weighed down by Covid restrictions and falling factory-gate prices.
Fonte: dailymaverick - 🏆 3. / 84 Leggi di più »

Business Maverick: FTX Chaos Prompts Reckoning on Dubai’s Embrace of Crypto GiantsOn Oct. 26, days before the collapse of his crypto exchange FTX, Sam Bankman-Fried sat for lunch at an upscale Dubai restaurant, subtly testing the waters for funding at a table of founders, bankers and financiers, including Anthony Scaramucci. Scam Bankman-Fried
Fonte: dailymaverick - 🏆 3. / 84 Leggi di più »

Business Maverick: Commodities sink as Covid’s spread, protests worsen outlook in ChinaCommodities sank as China’s Covid outbreak worsened and a series of stunning street protests in cities across the nation threatened to derail economic activity and sap demand for energy, food and raw materials.
Fonte: dailymaverick - 🏆 3. / 84 Leggi di più »

Business Maverick: Foxconn offers $1,800 bonus to workers who stay in iPhone CityApple partner Foxconn is offering bonuses of as much as $1,800 to existing workers at its Zhengzhou facility, hoping to sustain the staff levels it needs to run the world’s largest iPhone factory.
Fonte: dailymaverick - 🏆 3. / 84 Leggi di più »

Business Maverick: Oil plunges to lowest since 2021 as China unrest rattles marketOil tumbled to the lowest level since December as unrest in China hurt investors’ appetite for risk and the outlook for energy demand, adding to stresses in an already-fragile global crude market.
Fonte: dailymaverick - 🏆 3. / 84 Leggi di più »