Index Investing News
Thursday, May 15, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Google challenges Android antitrust ruling in India’s Supreme Court By Reuters

by Index Investing News
January 7, 2023
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: A view of the main lobby of building BV200, during a tour of Google’s new Bay View Campus in Mountain View, California, U.S. May 16, 2022. REUTERS/Peter DaSilva/File Photo

By Aditya Kalra and Arpan Chaturvedi

NEW DELHI (Reuters) – Google has filed a legal challenge in India’s Supreme Court to block a ruling by the country’s antitrust watchdog that will force the U.S. company to change how it markets its Android platform, court records showed on Saturday.

The Competition Commission of India (CCI) in October fined the Alphabet (NASDAQ:) Inc unit $161 million for exploiting its dominant position in the market for Android, which powers 97% of smartphones in India and is a key growth region for the U.S. giant.

The challenge comes after Google suffered a setback on Wednesday when an appeals tribunal rejected its request to block the antitrust ruling. The company argued that implementation of the CCI’s directives will hurt its long-standing business model and consumer interests.

Supreme Court records show Google filed a challenge against the tribunal ruling on Saturday. A hearing date is yet to be fixed.

Reuters was first to report on Thursday about Google’s planned strategy.

Sources earlier this week told Reuters that Google considers a legal challenge as its last hope of blocking the ruling of the CCI, whose directives forcing the company to change its business model kick in on Jan. 19.

Google’s Supreme Court filing seeks to put the CCI decison on hold while its appeal is heard, said one person familiar with the matter on Saturday.

Google has been concerned about the Indian decision as the remedies ordered are seen as more sweeping than the European Commission’s landmark 2018 ruling for imposing unlawful restrictions on Android mobile device makers. Google has challenged the record $4.3 billion fine in that case.

A Google spokesperson did not immediately respond.

The CCI ruled in October that Google’s licensing of its Play Store “shall not be linked with the requirement of pre-installing” Google search services, the Chrome browser, YouTube or any other Google applications.



Source link

Tags: AndroidantitrustchallengescourtGoogleIndiasReutersrulingSupreme
ShareTweetShareShare
Previous Post

Martin Shkreli’s Observations on the Criminal Justice System

Next Post

2022 was the worst-ever year for U.S. bonds. How to position for 2023

Related Posts

Okeanis Eco Tankers Corp. 2025 Q1 – Outcomes – Earnings Name Presentation (NYSE:ECO)

Okeanis Eco Tankers Corp. 2025 Q1 – Outcomes – Earnings Name Presentation (NYSE:ECO)

by Index Investing News
May 15, 2025
0

Q1: 2025-05-14 Earnings AbstractEPS of $0.39 beats by $0.15  | Income of $48.56M (-40.07% Y/Y) beats by $1.65MThis text was written...

Bireme Capital April 2025 Investor Letter

Bireme Capital April 2025 Investor Letter

by Index Investing News
May 15, 2025
0

deepblue4you Basic Worth suffered a distressing -16.5% fall in 2024, whereas the S&P returned a stellar 24.9%. By way of...

SPYI Might Be The Revenue ETF That Will get It Proper

SPYI Might Be The Revenue ETF That Will get It Proper

by Index Investing News
May 15, 2025
0

This text was written byComply withI'm a inventory analyst with 20+ years of expertise in quantitative analysis, monetary modeling, and...

InPost S.A. (INPOY) Q1 2025 Earnings Name Transcript

InPost S.A. (INPOY) Q1 2025 Earnings Name Transcript

by Index Investing News
May 15, 2025
0

InPost S.A. (OTCPK:INPOY) Q1 2025 Outcomes Convention Name Might 14, 2025 4:00 AM ET Firm Members Gabriela Burdach - Head...

Vinci Compass Is Taking Lengthy To Execute, However I Maintain My Purchase Ranking (NASDAQ:VINP)

Vinci Compass Is Taking Lengthy To Execute, However I Maintain My Purchase Ranking (NASDAQ:VINP)

by Index Investing News
May 14, 2025
0

This text was written byObserveLengthy-only funding, evaluating firms from an operational, buy-and-hold perspective.Quipus Capital doesn't concentrate on market-driven dynamics and...

Next Post
2022 was the worst-ever year for U.S. bonds. How to position for 2023

2022 was the worst-ever year for U.S. bonds. How to position for 2023

IND vs SL 3rd T20I Highlights: Surya seals yet another series for India

IND vs SL 3rd T20I Highlights: Surya seals yet another series for India

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

AI caution for India | Mint #AskBetterQuestions

AI caution for India | Mint #AskBetterQuestions

July 19, 2023
EAM: How and Why AI-Powered Active Management Will Dominate Passive

EAM: How and Why AI-Powered Active Management Will Dominate Passive

March 14, 2024
Scotland survive Greece onslaught to earn slender lead in Nations League play-off

Scotland survive Greece onslaught to earn slender lead in Nations League play-off

March 21, 2025
Sonny Dykes misses mark with recent comments on SEC

Sonny Dykes misses mark with recent comments on SEC

December 29, 2022
Where angels do not fear to tread

Where angels do not fear to tread

February 20, 2023
In Israeli Video, Detainee Says Hamas Operates Out of Gaza Hospital

In Israeli Video, Detainee Says Hamas Operates Out of Gaza Hospital

January 7, 2025
Analyst Explains Why It Needed to Occur

Analyst Explains Why It Needed to Occur

March 20, 2025
What Delhi airport can learn from Uber

What Delhi airport can learn from Uber

December 21, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In