Competition Commission of India imposes $113m fine on Google – Electronic Payments International
Competition Commission of India (CCI) has imposed a fine of $113m on Alphabet‘s Google for anti-competitive practices.
The antitrust body said that Google should not restrict app developers from leveraging third-party billing or payment processing services in the country, reported Reuters.
CCI stated that Google used its “dominant position” with regard to Play Store to compel app developers to leverage its in-app payment system, while pointing out that the sale of in-app digital goods is an important way for developers to make money.
This is the latest setback for the search engine giant in one of its key markets, where it was imposed another $162m fine by the watchdog this month for anticompetitive practices associated to its Android operating system and was notified to alter its approach to its Android platform.
A Google spokesperson was quoted by Times of India as saying, “By keeping costs low, our model has powered India’s digital transformation and expanded access for hundreds…
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source: https://news.oneseocompany.com/2022/10/26/competition-commission-of-india-imposes-113m-fine-on-google-electronic-payments-international_2022102634356.html
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