The National Company Law Appellate Tribunal (NCLAT) on Wednesday upheld the order of the fair trade regulator Competition Commission of India (CCI) imposing a penalty of Rs 1,337.76 crore on Internet giant Google for anti-competitive practices in relation to Android mobile devices. Google was ordered to pay the fine of Rs 1,337.76 crore within 30 days.
Google was told by a bench of two members of the (NCLAT to carry out the order and deposit the money within 30 days. Google is ordered by NCLAT to pay 10% of CCI’s Rs. 1,337.76 million.
Additionally, the CCI order was modified by members Alok Shrivastava and Justice Ashok Bhushan of the NCLAT bench. It also rejected Google’s claim that the investigation conducted by the Competition Commission of India (CCI) violated natural justice.
The CCI fined Google Rs 1,337.76 crore on October 20 for engaging in anti-competitive practices with regard to Android mobile devices. The Internet company was also told by the regulator to stop engaging in a number of unfair business practices. NCLAT, an appellate authority for CCI orders, was the venue for this ruling’s challenge.
For breaking news and live news updates, like us on Facebook fb.com/thevoiceofsikkim or follow us on Twitter twitter.com/thevoicesikkim and Instagram instagram.com/thevoiceofsikkim. Visit www.voiceofsikkim.com.