Google fined for ‘infringing anti-trust conduct’

The search engine giant, Google has been charged with a penalty of almost ₹136 crore by The Competition Commission of India (CCI) on Thursday for ‘infringing anti-trust conduct’ i.e, using unfair business practices in the Indian market for online search.

In the complaints that were filed way back in the year 2012, it was alleged that the search engine was abusing its dominant position in the market for online search through practices leading to search bias and search manipulation, among others.

On a global level, this is one of the very unusual cases where Google has been fined for unfair business tactics.

The Competition Commission of India (CCI) said it has given a lot thoughtful consideration to the submissions made by Google on issue of penalty and has found it appropriate to impose a fine. The regulator said the penalty is being charged on Google for “infringing anti-trust conduct”.

As per the CCI order, the penalty which amounts to ₹135.86 crore is equivalent to 5% of the average of the company’s total revenue generated from its operations in India from the different business segments for the financial years 2013, 2014 and 2015.

 

(Source: PTI)

by TNBC Staff Reporter on February 12, 2018

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