Match Group Sues Google Over Anticompetitive Behavior On Google Play Store
Match Group Inc (NASDAQ:MTCH), the parent company of Match.com, OkCupid, and Tinder, has sued Google – Alphabet Inc (NASDAQ:GOOGL) – claiming that the internet giant runs a monopoly on Google Play Store and forces app developers to pay Google expensive fees in their own detriment. LawsuitMatch Group said in an announcement that Google forces the company comply with a rule stating that apps must use Google’s in-app payment processing, besides allegedly holding a monopoly on the distribution of Android apps. Q1 2022 hedge fund letters, conferences and more The release said, “These exorbitant 'fe...