Google to Pay $700M Settlement Over Its Play Store Practices

Of the total, Google will pay $630M to certain consumers who made purchases in its app store, an amount equal to at least about $2 per eligible consumer.

people walking in front of big Google Cloud logo on wall
(Image credit: Cesc Maymo/Getty Images)

Google recently released details of a $700 million settlement agreement that it reached with multiple state attorneys general earlier this year over alleged antitrust violations concerning its U.S. Play app store.

Of the $700 million total, the company has agreed to pay $630 million into a settlement fund for consumers — an amount equal to at least $2 per eligible consumer, who may get more based on their spending in the app store from August 16, 2016 to September 30, 2023, according to the agreement.

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Joey Solitro

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.