Alphabet will pay £260m to settle a lawsuit that claims it levied unfair commission prices against thousands of UK app developers.

LONDON, Aug 27 : Google has agreed to settle a mass London lawsuit brought on behalf of app developers for £260 million ($353.21 million), according to a deal published on…

The claim, which was previously valued at just over £1 billion, sought compensation on behalf of developers who sold apps on Google's Play Store in the United Kingdom. Lawyers…