--Alphabet Inc.'s Google is reducing its Google Play service fees, according to reports by the Verge, CNBC and others.

--The changes include lowering fees for subscription-based apps to 15% from 30%, according to the reports.

Full story: https://www.theverge.com/2021/10/21/22738370/google-play-cut-music-streaming-apps-10-percent-regulation and https://www.cnbc.com/2021/10/21/google-slashes-service-fees-in-app-store-after-similar-move-by-apple.html

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

10-21-21 1407ET