A U.S. judge has mandated significant changes to Google's, a subsidiary of Alphabet, mobile app business, aiming to offer more flexibility to Android users in terms of app downloads and in-app payment options. According to the directive, Google must allow third-party Android app platforms and cannot prohibit alternative in-app payment methods for three years.
Following the announcement, Alphabet's stock (GOOGL, Financial) saw a 2.5% decline, closing at $164.39.
