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Google fined ₹ 32,000 crores: India, US, EU taking strict steps
Google fined ₹ 32,000 crores: India, US, EU taking strict steps; Challenge to the monopoly of tech giants like Google
The second largest court of the European Union has imposed an antitrust fine of $ 4.1 billion (about 32,000 crore Indian rupees) on Google. Google was accused of using its dominance to eliminate competition. The court held that Google had broken the antitrust law. Google has done this by using its Android smartphone technology and its dominance in that market to strengthen its search engine leadership.
Just before this, lawmakers imposed a combined fine of $ 71 million (about Rs 565 crore) on Alphabet and Meta for privacy violations in South Korea. The investigation revealed that Google was collecting and studying user data, and was monitoring the use of its website. In the past few years, Google and other big tech giants have been under pressure around the world over their monopolistic practices.
India too seems to be gearing up against the antitrust and monopoly behaviour of these technology firms. This could make the road difficult for Google, as it is losing battle after battle in different parts of the world. In India, several steps are being taken under the leadership of CCI and MEITY in which the anti-trust behaviour of companies like Google along with Indian News Publishers has been seriously challenged. A parliamentary committee is also looking into the matter.
