India fines Google $162M for anti-competitive practices on Android

Post by KaoruAoiShiho » Thu, Oct 20, 2022, 4:38 PM UTC

aatharuv wrote: post #8

webmobdev wrote: post #3

The Competition Commission of India, which began investigating Google several years ago after complaints from local firms, said in a press release that Google requiring device manufacturers to pre-install its entire Google Mobile Suite and mandating prominent placement of those apps “amounts to imposition of unfair condition on the device manufacturers” and thus was in “contravention of the provisions of Section 4(2)…

India really hates big _foreign_ monopolies. The last really big foreign monopoly to get a place in India, the British East India Company ended up taking over the country.

Post by bradleykingz » Thu, Oct 20, 2022, 4:44 PM UTC

tatpacc wrote: post #4

Here is the link to original order [ https://www.cci.gov.in/antitrust/press-release/details/261/0 ] some experts 13. Accordingly, in terms of the provisions of Section 27 of the Act, the Commission has imposed monetary penalty as well as issued cease and desist order against Google from indulging in anti-competitive practices that have been found to be in contravention of the provisions of Section 4 of the Act. Some…

Post by codegeek » Thu, Oct 20, 2022, 4:53 PM UTC

swampthinker wrote: post #12

codegeek wrote: post #10

Earlier quoted context omitted.

That's about $71M USD. (1 Crore = 10,000,000 units). Currently, 1 USD = 83 INR So, 586 crores INR = 5860000000 INR = $71,000,000 USD EDIT: It seems like some people are saying the correct number is not 586 crores but 5k crores which is 10 times more.

That sounds really low

Post by programmer_dude » Thu, Oct 20, 2022, 4:54 PM UTC

swampthinker wrote: post #12

codegeek wrote: post #10

Earlier quoted context omitted.

That's about $71M USD. (1 Crore = 10,000,000 units). Currently, 1 USD = 83 INR So, 586 crores INR = 5860000000 INR = $71,000,000 USD EDIT: It seems like some people are saying the correct number is not 586 crores but 5k crores which is 10 times more.

That sounds really low

Post by ocdtrekkie » Thu, Oct 20, 2022, 5:11 PM UTC

colpabar wrote: post #5

I feel like I see headlines like this all the time. Some country/government fines some tech giant some large amount of money. But I always wonder, do these fines ever get paid?