NEW DELHI: Google<\/a>, which is facing antitrust investigation in India by fair trade watchdog CCI<\/a>, can face a penalty of up to about USD five billion if it is found to have violated competition norms of the country. 新德里消息:谷歌在印度面临反垄断调查的公平贸易监管机构CCI,可能面临高达五十亿美元的罚款,如果发现有违反竞争国家的规范。
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\nGoogle said it is \"extending full cooperation\" to the CCI<\/a> 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.
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\nThe 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.
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\nUnder competition regulations, an entity found violating the norms could be slapped with penalty of up to 10 per cent of its three-year annual average turnover.
\n
\nIn the case of Google, its annual revenues in the last three years amounts to a staggering USD 49.3 billion and the maximum penalty can be up to nearly USD 5 billion.
\n
\nWhen asked about the ongoing probe and the potential penalty of up to USD five billion, a Google spokesperson told PTI: \"We are extending full co-operation to the Competition Commission of India in their investigation.\"
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\"We're pleased that the conclusion of the Federal Trade Commission<\/a>'s two year review was that Google's services are good for users and good for competition,\" he said in an e-mailed statement.
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\nWhile Google has settled anti-trust cases in the US and European Union, Indian competition regime does not have provisions for settlement process. Besides a complaint filed with CCI cannot be withdrawn.
\n
\nFinding prima facie evidence of violations, CCI had referred the matter to its investigation arm -- Director General (DG) -- for a detailed probe.
\n
\nSources said that the DG has also collected comments from third-parties with regard to this case and it is likely to soon submit its report to CCI.
\n
\nThe Director General could not be contacted for comments. Apart from penalty, CCI is empowered to pass orders to correct a company's conduct in the market place. Also, the regulator can go for structural remedies that could see breaking up of dominant enterprises into separate businesses.
\n
The complaint against Google, also one of the world's most valued company, was first filed by advocacy group CUTS International<\/a> way back in late 2011. Later. matrimonial website matrimony.com Private Ltd also filed a complaint.
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\nReferring to Google's settlement with the European Commission, matrimony.com counsel Ferida Satarawala said: \"Google's unfair use of trademarks as well as its retaliatory conduct are not specifically addressed in the European settlement and are distinct theories of harm being pursued by the CCI. Therefore, this settlement is unlikely to address CCI's concerns in our case\".\n\n<\/p><\/body>","next_sibling":[{"msid":31768330,"title":"Vodafone to offer uninterrupted web browsing with wifi hotspots","entity_type":"ARTICLE","link":"\/news\/industry\/vodafone-to-offer-uninterrupted-web-browsing-with-wifi-hotspots\/31768330","category_name":null,"category_name_seo":"industry"}],"related_content":[],"msid":31768460,"entity_type":"ARTICLE","title":"Google faces up to $5-billion CCI fine; says cooperating in probe","synopsis":"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.","titleseo":"industry\/google-faces-up-to-5-billion-cci-fine-says-cooperating-in-probe","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2014-03-10 09:00:37","lastupd":"2014-03-10 09:01:34","breadcrumbTags":["Google","CCI","industry","Federal Trade Commission","Cuts International"],"secinfo":{"seolocation":"industry\/google-faces-up-to-5-billion-cci-fine-says-cooperating-in-probe"}}" data-authors="[" "]" data-category-name="Industry" data-category_id="18" data-date="2014-03-10" data-index="article_1">
谷歌说,它是“扩展全面合作”CCI进行调查。两年审查的结论由美国反垄断监管机构得出结论认为,该公司的服务有利于竞争,它补充说。
情况已经在印度的竞争委员会(CCI)也两年多了,它与指控谷歌滥用其主导地位的互联网搜索引擎的空间。
根据比赛规则,一个实体违反规范可以了点球的为期三年的年平均营业额的10%。
对于谷歌,在过去三年的年度收入达到惊人的493亿美元,最高刑罚可达近50亿美元。
当被问及正在进行的调查和潜在的损失高达五十亿美元,谷歌发言人告诉PTI说:“我们全面合作扩展到印度的竞争委员会在调查。”
“我们高兴的结论联邦贸易委员会两年的审查,谷歌的服务有利于用户和有利于竞争,”他在一份电子邮件声明中说。
而谷歌已经定居在美国和欧盟反垄断情况下,印度竞争制度没有规定结算过程。除了投诉向CCI不能撤回。
发现违规行为的初步证据,CCI已将此事调查机构——总经理(DG)的详细调查。
消息人士说,总干事也收集了来自第三方评论关于这种情况下,它可能会很快提交报告CCI。
未能联系到总经理的意见。除了点球,CCI授权通过的订单是正确的一个公司在市场上的行为。同时,监管机构可以进行结构性补救措施,可以看到的主导企业分解成单独的企业。
起诉谷歌,也是世界上最有价值的公司,第一次被提出削减国际早在2011年底。以后。婚姻网站matrimony.com私人有限公司投诉。
与欧盟委员会(European Commission)指的是谷歌的和解,matrimony.com顾问Ferida Satarawala表示:“谷歌的不公平使用商标以及其报复行为不明确欧洲结算和明显的伤害被CCI追求理论。因此,该和解是不可能解决CCI的问题在我们的例子中”。
NEW DELHI: Google<\/a>, which is facing antitrust investigation in India by fair trade watchdog CCI<\/a>, can face a penalty of up to about USD five billion if it is found to have violated competition norms of the country.
\n
\nGoogle said it is \"extending full cooperation\" to the CCI<\/a> 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.
\n
\nThe 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.
\n
\nUnder competition regulations, an entity found violating the norms could be slapped with penalty of up to 10 per cent of its three-year annual average turnover.
\n
\nIn the case of Google, its annual revenues in the last three years amounts to a staggering USD 49.3 billion and the maximum penalty can be up to nearly USD 5 billion.
\n
\nWhen asked about the ongoing probe and the potential penalty of up to USD five billion, a Google spokesperson told PTI: \"We are extending full co-operation to the Competition Commission of India in their investigation.\"
\n
\"We're pleased that the conclusion of the Federal Trade Commission<\/a>'s two year review was that Google's services are good for users and good for competition,\" he said in an e-mailed statement.
\n
\nWhile Google has settled anti-trust cases in the US and European Union, Indian competition regime does not have provisions for settlement process. Besides a complaint filed with CCI cannot be withdrawn.
\n
\nFinding prima facie evidence of violations, CCI had referred the matter to its investigation arm -- Director General (DG) -- for a detailed probe.
\n
\nSources said that the DG has also collected comments from third-parties with regard to this case and it is likely to soon submit its report to CCI.
\n
\nThe Director General could not be contacted for comments. Apart from penalty, CCI is empowered to pass orders to correct a company's conduct in the market place. Also, the regulator can go for structural remedies that could see breaking up of dominant enterprises into separate businesses.
\n
The complaint against Google, also one of the world's most valued company, was first filed by advocacy group CUTS International<\/a> way back in late 2011. Later. matrimonial website matrimony.com Private Ltd also filed a complaint.
\n
\nReferring to Google's settlement with the European Commission, matrimony.com counsel Ferida Satarawala said: \"Google's unfair use of trademarks as well as its retaliatory conduct are not specifically addressed in the European settlement and are distinct theories of harm being pursued by the CCI. Therefore, this settlement is unlikely to address CCI's concerns in our case\".\n\n<\/p><\/body>","next_sibling":[{"msid":31768330,"title":"Vodafone to offer uninterrupted web browsing with wifi hotspots","entity_type":"ARTICLE","link":"\/news\/industry\/vodafone-to-offer-uninterrupted-web-browsing-with-wifi-hotspots\/31768330","category_name":null,"category_name_seo":"industry"}],"related_content":[],"msid":31768460,"entity_type":"ARTICLE","title":"Google faces up to $5-billion CCI fine; says cooperating in probe","synopsis":"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.","titleseo":"industry\/google-faces-up-to-5-billion-cci-fine-says-cooperating-in-probe","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2014-03-10 09:00:37","lastupd":"2014-03-10 09:01:34","breadcrumbTags":["Google","CCI","industry","Federal Trade Commission","Cuts International"],"secinfo":{"seolocation":"industry\/google-faces-up-to-5-billion-cci-fine-says-cooperating-in-probe"}}" data-news_link="//www.iser-br.com/news/industry/google-faces-up-to-5-billion-cci-fine-says-cooperating-in-probe/31768460">
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