Google to Face a Class Action Lawsuit Over App Store
November 29 2022 - 09:22AM
TipRanks
Alphabet (NASDAQ: GOOGL) will face a class-action lawsuit from 21
million individuals for violating anti-competition laws in the
U.S., U.S. District Court Judge James Donato ruled on Monday.
According to Reuters, Judge Donato ruled that the "plaintiffs had
established the legal elements of 'commonality' and other factors
to form a class action that alleges anticompetitive business
practices." The class action lawsuit members are Google Play app
store customers spanning 12 U.S. states and have identified damages
totaling $4.7 billion. Shares of GOOGL have dropped more than 30%
in the past year.
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