Google and Epic Games filed a joint settlement proposal to resolve long-standing disputes over Play Store regulations. The settlement awaits approval from U.S. District Judge James Donato.
Settlement Details
If approved, Google would modify its agreements: it would stop exclusivity deals with developers and sharing revenue with competitors. The settlement includes criteria for registering third-party app stores, effective until 2032.
- Transaction Fees: Limited between 9% and 20% based on transaction type.
- Android Modifications: Changes aim to simplify the installation of third-party app stores.
Market Impact
Google claims the proposed changes will enhance developer choice, reduce fees, and foster competition. Epic CEO Tim Sweeney supports the modifications, emphasizing Android's open nature in contrast to Apple's approach.
The next step involves discussions with Judge Donato to finalize approvals. The filing underscores a substantial shift in app store dynamics, with strategic implications for both companies and industry standards.
