Competition Commission of India’s investigation arm has submitted its final report on alleged unfair business ways of Internet major Google in India.
The fair trade watchdog, which first received a complaint against Google back in 2011, has been looking into allegations that the company abused its dominant position in the search engine space for well over three years.
The main allegations against Google are that it favours its own products in search results and resorts to discrimination by favouring paid searches. Other allegations include denial of access to content and imposing of unfair and discriminatory conditions on “AdWords” customers.
Under competition regulations, an entity found violating the norms could be slapped with penalty of up to 10% of its three-year annual average turnover. The average revenue of Google, which is one of the world’s most valued companies, in the last three years is about $55.85 billion and 10% of that would translate to nearly $6 billion.
Full Content: The Financial Express
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