Google (NASDAQ:GOOGL) Given More Time to Overhaul its Play Store

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2024.10.18 21:02
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Google's parent company, Alphabet (GOOGL), has been granted additional time to revamp its Play Store following a federal judge's decision to pause an order requiring changes by Nov. 1. This ruling stems from an antitrust lawsuit by Epic Games, which found Google monopolizes app downloads and payments on Android. Alphabet argues that rushing changes could introduce security risks. Currently, GOOGL stock has a Strong Buy rating from analysts, with a 23.34% upside projected.