Widgets Magazine

What! A fine of 136 crore on Google

Last Modified Friday, 9 February 2018 (15:14 IST)
New Delhi: The on Thursday imposed a fine of Rs 136 crore on search engine major for unfair business practices in the for online search.Passing the order on complaints that were filed back in 2012, the regulator said the penalty is being imposed on Google for "infringing anti-trust conduct". Globally, this is one of the rare cases where Google has been penalised for unfair business ways."Google was found to be indulging in practices of search bias and by doing so, it causes harm to its competitors as well as to users," the said in its order. The will need to deposit the fine within 60 days, the commission said.

It was alleged that Google is indulging in abuse of dominant position in the market for online search through practices leading to search bias and search manipulation, among others.The penalty amount of Rs 135.86 crore translates to 5 per cent of the company's average total revenue generated from India operations from its different business segments for the financial years 2013, 2014 and 2015, according to the CCI order.On the CCI ruling, a Google spokesperson said the company is "reviewing the narrow concerns identified by the Commission and will assess our next steps".(UNI)
Widgets Magazine
Widgets Magazine
Widgets Magazine