Google to pay $36 million after striking deals that shut out rival search engines in Australia

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Google on Monday agreed to pay $50 million Australian or $35.8 milllion US to the country’s consumer watchdog. The search giant had to pay the fine after it was found that its deal with Australia’s two largest telecom opertaors to pre-install Google search application on Android phones and exclude rival search engines had hurt competition in the market. 

Australian Competition and Consumer Commission has stated that it has begun proceedings in Australian Federal Court on Monday against Google’s Asia Pacific division. The court will now decide…



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Google to pay $36 million after striking deals that shut out rival search engines in Australia


Google on Monday agreed to pay $50 million Australian or $35.8 milllion US to the country’s consumer watchdog. The search giant had to pay the fine after it was found that its deal with Australia’s two largest telecom opertaors to pre-install Google search application on Android phones and exclude rival search engines had hurt competition in the market. 

Australian Competition and Consumer Commission has stated that it has begun proceedings in Australian Federal Court on Monday against Google’s Asia Pacific division. The court will now decide…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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