GOOG ▲ +0.3% - Alphabet Inc.
$GOOG A consumer class action opened Tuesday at the Competition Appeal Tribunal in London alleges Google charged Android app developers excessive fees for more than a decade, inflating Play Store prices and affecting roughly 20 million UK consumers. Claimants’ lawyers say Google’s 30% commission on digital purchases breached competition law and that consumers affected since 2015 could be awarded about £1.2bn (≈$1.6bn) in damages. Lawyers told the court Google used its market power to extract unfair prices; Google denies any anti-competitive conduct.
06-OCT-2026 08:22 AM ET
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