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Monday Jan 30, 2023

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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