Competition Commission Of India May Fine Google $5 Billion

Mar 10, 2014 • 8:11 am | comments (5) by twitter Google+ | Filed Under Google News & Finances

CCI logoTimes of India reports Google may be fined up to $5 billion by the Competition Commission of India.

The commission in India has filed an antitrust investigation and if found that Google has violated anti-competitive laws of the country, it can face hefty fines, even for Google.

Google said it is "extending full cooperation" to the CCI in its investigation. The conclusion of a two-year review by the US antitrust watchdog has concluded that the company's services were good for competition, it added. The case has been before the Competition Commission of India (CCI) as well for over two years now and it relates to allegations that Google is abusing its dominant position in the internet search engine space.

It is expensive running a successful company, isn't it?

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