Google appeals against Rs 136 crore fine imposed by CCI

Online search giant Google has filed an appeal at the National Company Law Appellate Tribunal (NCLAT) against a judgment from India’s competition watchdog that found it guilty of “search bias”, two sources aware of the matter told Reuters.
 
The appeal was filed on Monday, one of the sources said.
 
In February, the Competition Commission of India (CCI) imposed a Rs 136 crore fine on Google, saying it was abusing its dominance in online web search and online search advertising markets.
 
Google, the core unit of U.S. firm Alphabet, did not immediately respond to a Reuters request for comment. A CCI official said that its judgment was “robust” and that the competition watchdog plans to defend its verdict at the NCLAT.
 
“Google was found to be indulging in practices of search bias and by doing so, it causes harm to its competitors as well as to users,” the CCI said in its 190-page judgment.
 
The Indian watchdog’s judgment is the latest antitrust setback for the world’s most popular search engine. Last year, The European Commission imposed a record $2.7 billion fine on the company for favoring its shopping service and demoting rival offerings. Google has appealed against the verdict.
 
In India, the Commission found that Google, through its search design, had placed its commercial flight search function at a prominent position on the search results page to the disadvantage of businesses trying to gain market access.
 
The CCI ruling brought to an end a probe first started by the watchdog in 2012 on complaints filed by matchmaking website Bharat Matrimony and a not-for-profit organization, Consumer Unity and Trust Society (CUTS).
Shoot

Trending News

Walmart signs 5 year Cloud tech partnership with Microsoft

Flipkart adds recharge, travel tabs

Unhappy with WhatsApp reply, Indian govt may send second notice

Cars24 closes $50M funding to fuel its expansion plans

HCL Technologies may buy back shares worth Rs 5,000 Cr at Rs 1,150 apiece

Ola starts making money on each ride, inches closer to profitability

Zomato debuts loyalty rewards program PiggyBank

Chinese fintech major WeCash plans India foray with a consumer lending product

Former eBay CEO Simon Smith to drive Ola's operations in Australia

Lending products to form 20% of Flipkart’s growth: Ravi Garikipati

How Automation Anywhere joined the billion-dollar-plus club

Amazon to push hyperlocal app for Big Prime Day Sales

Are you a business or an entrepreneur thinking to collaborate ?

Here's how Amazon is winning the online retail game. Again.

DIY investment app Sqrrl raises $1 million

Flipkart all set for a fashionable makeover

Why Amazon’s Flipkart bid is just not high enough

Selling without MRP, expiry dates to cost etailers

TCS hits $100Bn market cap: A new phase for India Inc?

Snapdeal posts Rs 4,647 crore net loss in 2016-17

Flipkart-Walmart deal: What it means for the etailer and the whole industry

NCLAT stays CCI penalty of Rs 136cr on Google in search bias case

Agritech startups Sabziwala and LivLush merge their business under new entity Kamatan

Avail Finance lands $17.2M from Matrix Partners & Ola, Freecharge and Flipkart founders

RBI suggests tax sops, self-regulation to build fintech space

Swiggy hires new CEO for its Access Service, gets new CFO

Logistics company Delhivery registers 44% increase in FY17 revenues

WeWork to acquire one of the oldest social networks, Meetup

Qualcomm rejects Broadcom's $103 billion offer

EasyRewardz gets $2 million Series-A funding

'Anemic' iPhone 8 demand drags Apple shares lower

Lending platform Lenden Club gets Rs 3.5cr in Equity Investment

On festive sales, Flipkart says 65% clients from Tier-II cities