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Google settles with Epic Games, drops its Play Store commissions to 20%

Google has reduced its service fee to 20%, with an optional 5% for billing services, and introduced a new process for third-party app stores.

MAIN POINTS
  1. Google reduces its service fee to 20%.
  2. An optional 5% fee is available for using Google's billing services.
  3. A new process for third-party app stores is introduced.
  4. Changes aim to improve app store flexibility and developer options.
TAKEAWAYS
  1. Developers can benefit from lower service fees with Google.
  2. The optional billing service fee provides flexibility for app developers.
  3. Third-party app stores gain a streamlined process with Google.
  4. These changes could enhance competition and innovation in app distribution.
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