Competition Commission Fines Google Rs 1 cr For Not Sharing Information

google_doodle_republicday.jpgThe Competition Commission of India has fined Google Rs 1 cr for not supplying information to the commission which is investigating the search giant for alleged abuse of market dominance.

The CCI said in a statement today

The order was passed on a reference made by the DG to CCI alleging inter alia non-cooperation by Google in the pending investigations.

As reported earlier, the Competition watchdog is investigating an anti trust complaint filed by Matrimony.com and Consumer Unity & Trust Society (CUTS) against Google.

The complaint alleged abuse of market power in the relevant markets of online search and search advertising. An earlier report said that Google could end up with a fine upto $5 bn if the CCI finds that the search giant has violated antitrust laws in the country.

While the competition commission has been gaining strength recently, its rate of recovery on fines is dismally low. As I’d pointed out earlier,¬†until December 2013, the CCI has ordered a total penalty of Rs 9798.3 cr (~ $ 1.6 bn) on more than 150 companies. Of this, the commission has been able to collect only Rs 19 cr (~ $3 mn) and the rest of the penalty orders have been dismissed or stayed in courts.

Add comment

NextBigWhat brings you curated insights and wisdom on product and growth from the wild web.

Over 2 million people receive our weekly curated insights.

Newsletter

Newsletter