Google is reportedly asking India’s Supreme Court to scrap antitrust directives related to its dominance in the Android market.
What Happened? Google has approached the apex court to overturn certain directives against it by the Competition Commission of India (CCI), sources told Reuters.
The competition watchdog had accused Google in October 2022 of taking advantage of its dominant position in India’s massive smartphone market, in which the Android operating system enjoys an overwhelming 97% share.
The CCI had ordered the Alphabet Inc company to remove various restrictions imposed on device makers, including those pertaining to pre-installed apps, and imposed a $163 million (₹1,336 crore) fine, which Google paid.
However, in March, an Indian tribunal dismissed four out of 10 directives issued in the case that demanded alterations to Google’s business model, though it held that the CCI’s findings were correct.
Google is now urging the Supreme Court to dismiss the remaining directives, a source told Reuters.
Google has also argued that it has not abused its market position and should not be slapped with financial penalties, the same source said.
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.