Interested? Contact us now
In order to contact us please fill the form on the right or directly email us at the address below
sales@senecaesg.comGoogle [GOOG:US] has appealed an antitrust ruling made by India’s competition watchdog, the Competition Commission of India (CCI), in the country’s Supreme Court, as reported by Reuters on January 7. The CCI found in 2020 that Google had abused its dominant position in the market for mobile advertising and search through its Android operating system and ordered the company to pay a fine of INR136.86bn (USD1.9bn) and make changes to its business practices. Google has denied the allegations and filed an appeal with the Supreme Court, requesting a stay on the CCI’s ruling and the fine. The company has argued that the CCI’s decision was based on a flawed analysis of the market.
Google’s case in India has attracted significant attention and has been closely watched by antitrust regulators around the world. The case is seen as a test of how willing India is to take on powerful global tech firms and could have implications for how such companies do business in the country. Google’s appeal of the CCI’s ruling is just the latest in a series of antitrust battles it has faced in recent years, with the company also facing similar allegations and investigations in the European Union, the United States, and Australia.
Sources:
Monitor ESG performance in portfolios, create your own ESG frameworks, and make better informed business decisions.
In order to contact us please fill the form on the right or directly email us at the address below
sales@senecaesg.com7 Straits View, Marina One East Tower, #05-01, Singapore 018936
+65 6223 8888
Gustav Mahlerplein 2 Amsterdam, Netherlands 1082 MA
(+31) 6 4817 3634
77 Dunhua South Road, 7F Section 2, Da'an District Taipei City, Taiwan 106414
(+886) 02 2706 2108
Viet Tower 1, Thai Ha, Dong Da Hanoi, Vietnam 100000
(+84) 936 075 490
Av. Santo Toribio 143,
San Isidro, Lima, Peru, 15073
(+51) 951 722 377
1-4-20 Nishikicho, Tachikawa City, Tokyo 190-0022