Google could end up at the receiving end of a $5 bn penalty if India’s competition watch dog finds in its ongoing investigation that the search giant has violated antitrust laws in the country, according to a report.
The Competition Commission of India (CCI) has been investigating allegations against Google that it has abused its dominant position in the market. Consumer rights body CUTS International had filed the complaint against Google in 2012.
According to data accessed by NextBigWhat through an RTI, until December 2013, the CCI has ordered a total penalty of Rs 9798.3 cr (~ $ 1.6 bn) on more than 150 companies so far. 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.
The CCI launched an inquiry against Google for anti-competitive practices in 2012 following a complaint by CUTS.
Google said in its February 10K filing
The Comision Nacional de Defensa de la Competencia in Argentina, the Competition Commission of India, the Taiwan Fair Trade Commission, Brazil’s Council for Economic Defense and the Canadian Competition Bureau have also opened investigations into certain of our business practices.
Last month Google agreed to settle antitrust cases against it in Europe. It escaped fine and a finding of wrongdoing.