‘Irreparable harm’: Google bemoans India’s attack on its ‘dominant position’

Latest news

    Google has lashed out against a $20 million fine it was slapped with by India’s antitrust watchdog, saying that the pressure and restriction may cause “irreparable” harm to the way the company conducts business in the country.

    The tech giant slammed the verdict, claiming that it requires the firm “to change the way it conducts business in India on a lasting basis and the way it designs its search results page in India,” according to Reuters, which obtained a copy of the statement on Thursday. Google insists that India’s decision could cause “irreparable” harm and reputational loss to the company.

    Read more

    EU slaps Google with $2.7bn fine for manipulation of search results

    Back in February, the Competition Commission of India (ICC) found “Google to have abused its dominant position in online general web search and web search advertising services” and ordered the Silicon Valley company to pay Rs 136 crore (US$20 million) for monopolizing the market. The CCI’s 190-page judgment also found Google to be indulging in “practices of search bias” which caused “harm to its competitors as well as to users.”

    The CCI further noted in its decision that due to its “dominance in the online web search market,” Google is “under an obligation to discharge its special responsibility.” The antitrust watchdog also ordered Google to stop imposing restrictions on its direct search agreements with other publishers, stressing that the “volume of business generated through these agreements is substantial.”

    The Silicon Valley giant, whose parent company is Alphabet Inc., is refusing to surrender its dominant position in India, and filed an appeal at the National Company Law Appellate Tribunal (NCLAT) against the ruling in April.

    READ MORE: Google Russia agrees to pay $8mn antitrust fine

    India is not the first country that has lashed out against Google’s online monopoly. Last year, the European Commission imposed a $2.7 billion fine on the company for breaching competition rules with its online shopping service. Russia also slapped Google with $8 million in fines after the company was found guilty of abusing its dominant position in the market for mobile devices running the Android operating system.

    View the original article: https://www.rt.com/business/427056-google-india-antitrust-case/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

    If you like this story, share it with a friend!

    In the same category are

    ‘It’ll change back?’ Trump mocked for his ‘natural instinct for science’ on climate change While a sobering new UN report on climate change indicates humans might have little time to change our ways to avoid environmental catastrophe, Presid...
    Banksy releases ‘Director’s Cut’ VIDEO of auction shredding stunt, says mechanism malfunctioned Banksy has offered more proof that the partial shredding of his work ‘Girl with a Balloon,’ which fetched a record sum at Sotheby's, was not staged, e...
    Moscow ‘ready for larger-scale provocations’ by the West, says Lavrov Western provocation, the prospect of WWIII, and China’s closer stance with Russia are just some of the topics that Foreign Minister Sergey Lavrov has ...
    US troops fear new major war is on the horizon, list Russia & China as top threats – poll Almost half of military service members believe that the US will be dragged into a new war within the next 12 months, according to a Military Times po...
    Chop-chop: Saudis may cut billions in military contracts & petrodollar in response to US sanction US penalties against Saudi Arabia over the alleged murder of Washington Post journalist Jamal Khashoggi may never be implemented. But just in case, th...
    A glimpse into hell: Narrow escape from Kerch college massacre caught on VIDEO Moments of sheer terror are seen on video footage from inside the Kerch college as the 18-year-old shooter moved from room to room, ruthlessly slaught...

    Leave a comment

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.