|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

Google to Review India’s $21 Million Fine over Unfair Practice

NEW DELHI – Tech giant Google said on Friday it was reviewing a decision by the Competition Commission of India, which fined it $21 million, accusing it of abusing its dominant position in the market.

A Google spokesperson told EFE that the accusation was based on “narrow concerns” and Google was looking into them to assess next steps.

“The Competition Commission of India has confirmed that, on the majority of issues it examined, our conduct complies with Indian competition laws,” he added.

CCI had imposed the fine Thursday after taking into consideration the revenue generated by its operations in India.

The commission found that Google was leveraging its dominance in the market to strengthen its position in the market for online search services.

It identified a display of its commercial flight search program at a prominent position, to the disadvantage of verticals trying to gain market access, according to a statement by the Commission.

“Besides, it was also found that Google has provided a further link in such commercial units, which leads users to its specialized search result page (Google Flight) resulting into unfair imposition upon the users of general search services as well,” CCI said in the statement.

Last year, the European Commission had imposed a 2.4-billion-euro ($2.7-billion) fine on Google, the largest infringement to date against a single company, for abusing its dominant position as a search engine on the Internet to favor its shopping service and demoting offerings by rival players.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved