Google, Epic Games Reach Deal To Reshape Android App Store Rules

Benzinga

Google reached a settlement with Epic Games to reform Android app store rules, allowing third-party app stores and alternative payment methods. The agreement caps Google’s service fees at 9%–20% for external payments, marking a major shift in app distribution while maintaining security standards.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Google reached a U.S. court settlement with Fortnite maker Epic Games to reform its Android

00:06and App Store operations, lowering fees and broadening app distribution options, according

00:10to Reuters. Google and Epic jointly asked a San Francisco federal judge to approve a proposal

00:15resolving Epic's 2020 antitrust lawsuit accusing Google of monopolizing Android app access and

00:20payments. The proposed deal would allow third-party app stores to meet new security standards and

00:25enable developers to direct users to alternative payment methods. Google will impose capped

00:29service fees of 9% or 20% for apps using external payment options. Epic CEO Tim Sweetie called

00:35the settlement awesome, while Google said it preserves user safety and competition.

00:39For all things money, visit Benzinga.com.

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