NCLAT orders Google to deposit 10% of penalty
By MYBRANDBOOK
The National Company Law Appellate Tribunal (NCLAT) has directed Google to deposit 10% of the total penalty of Rs 1,337.76 crore imposed by Competition Commission of India (CCI) over alleged violations in the Android mobile ecosystem.
Along with 10% of the total amount, Google will have to take a series of measures directed by CCI, like pre-installation of Google apps on Android phones may not be allowed. The decision comes after Google challenged the CCI order on the tech giant abusing its dominant position in multiple markets in the Android mobile device ecosystem, saying the verdict is a setback for Indian users and will make such devices more expensive in the country.
However, the panel declined to grant any immediate stay the operations of CCI penalty and said it would pass any order after hearing out other parties. The panel said, “We are of the opinion that at the moment given the voluminous nature of the appeal, there is no need to pass any interim order.”
In October last year, the CCI slapped a penalty of Rs 1,337.76 crore on Google for anti-competitive practices in relation to Android mobile devices. CCI had also ordered the internet major to cease and desist from various unfair business practices. CCI had also imposed non-monetary sanctions on Google for allegedly “abusing” its dominant position in several Android markets. It also directed the tech giant to “modify its conduct”.
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
FIRE BOLTT
PDRL - Passenger Drone Research Pvt. Ltd.
VEHERE INTERACTIVE PVT. LTD.
EXATRON SERVERS MANUFACTURING PVT. LTD.
Icons Of India : Bhavish Aggarwal
Indian entrepreneur Bhavish Aggarwal is the CEO of Ola, India’s larg...
Icons Of India : Anil Agarwal
Anil Agarwal, the Founder and Chairman of Vedanta Resources Ltd., is r...
ICONS OF INDIA : SANDIP PATEL
Sandip Patel is the Managing Director for IBM India & South Asia regio...
TCIL - Telecommunications Consultants India Limited
TCIL is a government-owned engineering and consultancy company...
UIDAI - Unique Identification Authority of India
UIDAI and the Aadhaar system represent a significant milestone in Indi...
BSE - Bombay Stock Exchange
The Bombay Stock Exchange (BSE) is one of India’s largest and oldest...
Indian Tech Talent Excelling The Tech World - PADMASREE WARRIOR, Founder, President & CEO - Fable
Padmasree Warrior, the Founder, President, and CEO of Fable, is revolu...
Indian Tech Talent Excelling The Tech World - Dheeraj Pandey, CEO, DevRev
Dheeraj Pandey, Co-founder and CEO at DevRev , has a remarkable journe...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...