Google to Pay $700 Million in Play Store Settlement.

Alphabet, the parent company of Google, has reached a $700 million Settlement

And Committed to changes in its app store following antitrust challenges.

Resolving accusations of an illegal monopoly,

Alphabet will allocate $630 million to benefit consumers and contribute $70 million to state funds.

Developers gain the option to use an alternative billing system on Google Play,

Easing restrictions. Alphabet also pledges to simplify app downloads directly from developers' websites.

This settlement addresses concerns raised by states, adding to Alphabet's recent legal challenges,

Including a case with Epic Games, which the company is actively contesting.