EU Settlement Nearly Done, Google Antitrust Drama Shifts To India : Although the Google antitrust settlement in Europe isn’t final it appears we’re in the final minutes of the final act. There still may be a surprise or two in store but we mostly know how this story is going to end. Now it appears the Google antitrust drama is shifting to India, where an antitrust investigation against the company is ongoing. According to a report in the Times of India, that country’s competition authority, theCompetition Commission of India (CCI), has the power to impose a fine of up 10 percent annual revenues, averaged over a three year period. That could mean up to $5 billion in Google’s case if competition “norms” are determined to have been violated. selnd/1isdGzU
Posted on: Mon, 10 Mar 2014 06:58:19 +0000
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