CCI fines Google Rs 936 crore in second antitrust penalty this month

0
0


NEW DELHI: Alphabet Inc’s Google was fined Rs 936 crore ($113.04 million) on Tuesday as India concluded yet another antitrust probe this month, finding the US tech firm guilty of abusing its market position to promote its payments app and in-app payment system.
In a release, the Competition Commission of India (CCI) said it has also directed to modify its conduct within a defined timeline.
This is the second major CCI ruling against Google in less than a week. On October 20, the watchdog imposed a penalty of Rs 1,337.76 crore on the company for abusing its dominant position in multiple markets in relation to Android mobile devices and ordered the internet major to cease and desist from various unfair business practices.

.



Source link