Google slapped fine of Rs 261 crore for moves to dominate mobile gaming market
Google said it does not agree with the Korean FTC's decision, claiming it has not violated any local competition laws.
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Google said it does not agree with the Korean FTC's decision, claiming it has not violated any local competition laws.
The punishment came as the U.S.-based global tech giant made shady agreements with South Korean mobile game companies.
According to Additional Solicitor General N Venkataraman, when abuse of dominance is removed, it allows for free and fair market play for scientific development and innovation
Google has been ordered by the National Company Law Appellate Tribunal (NCLAT) to pay a fine of Rs 1337.76 crore within 30 days. The penalty was imposed on the tech giant for indulging in unfair trade practices.
Google will have to pay the penalty of Rs 1,337.76 crore imposed by the fair trade regulator CCI, the National Company Law Appellate Tribunal ruled today.