Current Affairs Telugu Daily

Competition Commission slaps Rs 136 crore penalty on Google
The Competition Commission imposed a fine of Rs 136 crore on internet giant Google for unfair business practices in the Indian market for online search.
Passing the order on complaints that were filed back in 2012, the regulator said the penalty is being imposed on Google for "infringing anti-trust conduct".
Globally, this is one of the rare cases where Google has been penalised for unfair business ways.It was alleged that Google is indulging in abuse of dominant position in the market for online search through practices leading to search bias and search manipulation, among others.
The penalty amount of Rs 135.86 crore translates to 5 percent of the company's average total revenue generated from India operations from its different business segments for the financial years 2013, 2014 and 2015, according to the CCI order.
  • CCI-Competition Commission of India, Founded: 14 October 2003, Headquarters: New Delhi
  • Google: Founded-4 September 1998, CEO- Sundar Pichai 

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