Correct Answer : Option (D) - Rs. 1,337 crore
The country's competition regulator has fined Alphabet Inc's Google ₹ 1,337 crore for anti-competitive practices related to Android mobile devices.
The Competition Commission of India, or CCI, tweeted it fined Google for "abusing dominant position in multiple markets in the Android mobile device ecosystem."
Google on Friday(21st Oct 2022) said the Indian antitrust watchdog's decision to fine the company for alleged anti-competitive practices was "a major setback for Indian consumers and businesses", and that it would review the decision to evaluate next steps.
"Android has created more choice for everyone and supports thousands of successful businesses in India and around the world. The CCI's decision is a major setback for Indian consumers and businesses, opening serious security risks for Indians who trust Android's security features, and raising the cost of mobile devices for Indians. We will review the decision to evaluate the next steps," a Google spokesperson said on Friday(21st Oct 2022).
Google operates and manages the Android OS (operating system) and licences its other proprietary applications. The OEMs (original equipment manufacturers) use this OS and Google's apps in their mobile devices.
Accordingly, they enter into multiple agreements to govern their rights and obligations, such as
Mobile Application Distribution Agreement (MADA)..
Source : NDTV
Published On : October 25, 2022
Category : Business and Economics
