News & Events
CCI’s Objection To Google’s Business Practices
- December 8, 2022
- Posted by: Brajesh Singh
- Category: Current Affairs Blog
India has a relatively open economy. As such, free-market policies and less government oversight mean capital and goods move around freely (in most cases). Many regulations are in place to ensure industries comply with regulations and protect the consumer.
Thank you for reading this post, don't forget to subscribe!Keeping this in mind, we have the Competition Commission of India (CCI). The commission makes sure everyone in the market is following the mantra of strict regulation. In other words, a regulation that befits customers but doesn’t go overboard.
Google has a long-standing distribution pact with Android phone makers that prevent rivals from gaining access to the most popular mobile operating system. The contract has many of its critics in an uproar. Critics argue that Google is not only violating anti-trust laws but doing so to put other competitors out of business and then reap the rewards exclusively for themselves. The contract between Google and Android manufacturers has been called one of the largest anti-trust violations in global history.
Recently, the CCI announced that it has imposed a provisional fine of 1.337 billion rupees (£145 million) on Alphabet-owned Google for “abusing its dominant position in the markets related to the Android mobile device ecosystem and search.”