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Tuesday Feb 07, 2023

NCLAT Directs Google | NCLAT directs Google to deposit 10% of Rs 1,337.76 crore fine


NCLAT directs Google to deposit 10% of Rs 1,337.76 crore fine

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday directed Google to pay 10 per cent of the Rs 1,337.76 crore fine imposed on it by the Competition Commission of India (CCI). A two-judge NCLAT bench refused to immediately stay the implementation of the penalty imposed by the CCI and said it would pass an order only after hearing the other parties.

The appellate tribunal issued notice to the CCI and directed it to list the matter for February 13 for hearing on the interim stay. The NCLAT direction came on Google’s plea challenging the CCI order on abusing its dominant position in multiple markets in the Android mobile device ecosystem and said the order was injurious to Indian consumers. There is a setback and this will make such equipment more expensive in the country.

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The CCI had imposed a fine of Rs 1,337.76 crore on Google on October 20 last year in this case. Further, the CCI had directed the Internet major to cease and desist from unfair trade practices. Google had appealed to the NCLAT against the CCI order regarding unfair trade practice in the matter of Android mobile device ecosystem and sought an interim stay on the penalty. (agency)



Google CCI case nclat directs deposit 10 percent of 1337 cr penalty detail is here – Business News India


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After the Competition Commission of India ie CCI, the search engine Google has now also received a setback from the National Company Law Appellate Tribunal (NCLAT). In fact, the NCLAT directed Google to pay 10 per cent of the fine of Rs 1,337.76 crore imposed on it by the Competition Commission of India (CCI). Accordingly, Google will have to deposit Rs 137 crore immediately.

A two-member NCLAT bench refused to immediately stay the implementation of the penalty imposed by the CCI and said it would pass an order only after hearing the other parties. Simultaneously, the Appellate Tribunal issued notice to the CCI and directed it to list the matter for hearing on February 13 for the interim stay.

Google gave the petition: This direction of NCLAT has come on the petition of Google, in which it was accused of abusing its strong position in the Android mobile market. After this the CCI imposed the fine. At the same time, the order issued by Google has been challenged and said that this order is a blow to Indian consumers and this type of equipment will become more expensive in the country.

CCI had imposed a fine of Rs 1337.76 crore on Google on October 20 last year in this case. Further, the CCI had directed the Internet major to cease and desist from unfair trade practices.

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