Google Faces Up to $5-bn Fine in India - The New Indian Express

Google Faces Up to $5-bn Fine in India

Published: 10th March 2014 06:00 AM

Last Updated: 10th March 2014 01:24 AM

Global search engine giants, Google is staring at a penalty of upto $5 billion if found guilty of violating competition norms in India.

Competition Commission of India (CCI) is investigating the allegations against Google. On its part, the search engine website is reportedly ‘extending full cooperation’ for the investigation. Agencies reported that the CCI can slap a fine of upto 10% of three years annual average turnover if they find any fair trade violation.

The search engine company reportedly clocked an average of $49.3 billion average in the last three year revenues, it was reported.

Advocacy group CUTS ( Consumer Unity and Trust Society) International filed the complaint in 2011 which was followed by online matchmaking portal matrimony.com. The case, which has been before the commission for over two years now, relates to the company abusing its dominant position in the search engine space online, it was reported.

Google has faced similar allegations in the US and other regions as well. The  Federal Trade Commission had also reviewed the company. The review by the Federal Trade Commission had concluded that the services by the company ‘are good for users and good for competition’.

The company is reported to have settled anti-trust cases in both the US and European Union. The company also said that there is no provision for settlement process in the Indian competition regime and also that no complaint can be withdrawn from the fair trade watchdog, it was reported.

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