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Stock impact report

UPDATE 1-Epic Games proposes Google app store reforms after antitrust win [Yahoo! Finance]

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Company Research Source: Yahoo! Finance
April 12 (Reuters) - “Fortnite” video game maker Epic Games has urged a federal judge in California to force Google to open up its Play Store to greater competition after a jury found the U.S. tech giant had abused its power as a gatekeeper for apps on the Android mobile platform. Epic made its proposal in a court filing on Thursday to U.S. District Judge James Donato in San Francisco, seeking among other things to require Google Play Store to allow the distribution of competing third-party app stores for six years and also limit the company's ability to make agreements with device makers to restrict preloading of competing app stores. Donato presided over a blockbuster antitrust trial that ended in a jury verdict against Alphabet-owned Google in December. Representatives from Google and Epic did not immediately respond to requests for comment. Donato is not bound to grant Epic's proposal, and a hard fight is likely before any permanent order on Google is issued. But the new Show less Read more
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