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Google's loss to Epic will likely have little impact in the near term - TL;DR CNBC

Google's loss to Epic will likely have little impact in the near term

Publishing timestamp: 2023-12-13 08:57:42


Summary

Google has been found guilty of uncompetitive practices in its Google Play store for Android apps in a trial against Epic Games. The company may face changes to its billing model and potential antitrust action. However, the impact on Google's revenue is expected to be minimal, and the company plans to appeal the ruling.


Sentiment: MIXED

Tickers: GOOGL,  AAPL, 

Keywords: technology,  breaking news: politics,  alphabet inc,  business news,  internet,  breaking news: technology,  google,  entertainment,  politics, 

Source: https://www.cnbc.com/2023/12/12/googles-loss-to-epic-will-likely-have-little-impact-in-the-near-term.html


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