financetom
Technology
financetom
/
Technology
/
Google to challenge India Android antitrust ruling at Supreme Court
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Google to challenge India Android antitrust ruling at Supreme Court
Jan 5, 2023 12:11 PM

Google has filed a petition in the Supreme Court of India, challenging the National Company Law Appellate Tribunal's (NCLAT) order that rejected Google's request to stay the Competition Commission of India's (CCI) order and penalty of Rs 1,337 crore ($180 million).

Google will argue that the CCI order is "extraordinary" and contains "errors", including instances of plagiarism from competition proceedings in the European Union. The company will also argue that the open system of its Android operating system makes phones more affordable and enables more than 15,000 models across 1,100 original equipment manufacturers (OEMs).

Google believes some of CCI's directives cannot be implemented, and the company "has no other option" than approaching the Supreme Court for relief, according to Reuters.

Also Read: Apple likely to cancel release of fourth generation iPhone SE in 2024

Google licenses its Android system to smartphone makers, but critics say it imposes restrictions like mandatory pre-installation of its own apps that are anti-competitive. The company argues such agreements help keep the operating system free.

The CCI ruled in October that Google's licensing of its Play Store "shall not be linked with the requirement of pre-installing" Google search services, the Chrome browser, YouTube or any other Google applications.

The CCI in October last year fined the Alphabet Inc unit $161 million for exploiting its dominant position in the market for Android which powers 97 percent of smartphones in India, a key growth region for the US. giant. Google subsequently challenged the CCI order and sought an interim stay on the order and penalty. However, the NCLAT held that Google had not demonstrated sufficient urgency or grounds for the stay.

Also Read: Ant Group founder Jack Ma to give up control in key revamp

First Published:Jan 5, 2023 9:11 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
American Stocks Analysis
American Stocks Analysis
May 21, 2024
Honeywell International INCs stock price (HON) fell in the intraday levels on profit-taking, as it gathers positive momentum to rise anew, while venting off overbought saturation in the RSI with negative signals coming out of them, amid the dominance of the upward short-term trend, with positive pressure from trading above the 50-day SMA. Therefore we expect the stock to return...
American Stocks Analysis
American Stocks Analysis
May 21, 2024
Modernas stock price (MRNA) kept rising in the intraday levels, amid the dominance of the upward correctional trend in the short term, with positive signals from the RSI despite reaching overbought levels, while gaining support from trading above the 50-day SMA. Therefore we expect more gains for the stock, targeting the resistance of $163.00, provided the support of $116.00 holds...
American Stocks Analysis
American Stocks Analysis
May 21, 2024
Meta Platforms stock price (META) fell in the intraday levels, amid negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching levels, while the stock tries to gather momentum and vent off some of that overbought saturation, amid the dominance of the main upward trend in the medium term, as the stock trades alongside the...
Forecasting The Future: 14 Analyst Projections For Itron
Forecasting The Future: 14 Analyst Projections For Itron
May 21, 2024
14 analysts have shared their evaluations of Itron ( ITRI ) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 7 3 0...
Copyright 2023-2024 - www.financetom.com All Rights Reserved