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Match Settles Antitrust Scores Against Google

·1 min read
  • Match Group, Inc (NASDAQ: MTCHsettled its battle with Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google allowing the dating apps maker to offer users a choice in payment systems, eliminating Google's control over user data.

  • Match withdrew its temporary restraining order request against Google following concessions, preventing Match's apps from being removed from the Play store for offering alternate payment options.

  • Previously Match prosecuted Google calling the action a "last resort" to prevent Tinder and its other apps from being kicked from the Google Play store for refusing to share up to 30% of sales.

  • Match's lawsuit followed ongoing cases from "Fortnite" maker Epic Games, U.S. state attorney generals against Google's allegedly anticompetitive conduct related to the Play store.

  • Price Action: MTCH shares traded higher by 4.26% at $78.25 in the premarket on the last check Friday.

  • Photo by Solen Feyissa from Pixabay

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