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Play Store downloads could soon get cheaper after the Supreme Court denies Google's bid to delay antitrust changes

1. Supreme Court denied Google's request against Play Store ruling. 2. Ruling mandates support for third-party downloads and payment options. 3. Epic Games previously won an antitrust case against Google. 4. Lower court orders must be implemented by October 22. 5. Similar rulings affect Apple's App Store in ongoing litigation.

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FAQ

Why Bearish?

This ruling undermines Google’s control over Play Store revenues. Historical evidence from antitrust cases, like those faced by Microsoft, shows potential revenue impacts.

How important is it?

The ruling directly affects Google's business operations and revenue model. Antitrust implications may also influence investor sentiment and stock volatility.

Why Short Term?

Immediate implementation of the ruling affects earnings potential in the near term. Previous cases demonstrate that market adjustments occur rapidly following such rulings.

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