The Competition Commission of India said in a statement that it was imposing a fine of 1.36 billion rupees ($21 million) on Google along with a warning to desist from unfair practices.
The antitrust authority said it imposed the penalty based on complaints by matrimony.com and the Consumer Unity and Trust Society in 2012. The search engine leader has, time and again, misused its dominant presence to promote its own services and products. "Exhibiting a self-imposed regulatory forbearance from scrutinising product designs in ascertaining anti-trust violations, CCI noted in its order that product design is an important and integral dimension of competition, undue intervention in designs of SERP can affect legitimate product improvements". According to CCI, Google has been found indulging practicing search bias which has allegedly put an impact on competitors and user.
This, the CCI said, was in contravention of Section 4 (2)(a)(i) of India's 2002 Competition Act.
The watchdog has also ordered Google to not enforce the restrictive clauses with immediate effect in its negotiated direct search intermediation agreements with Indian partners. The CCI has also observed in its order that Google was leveraging its dominance in the market for online general web search, to strengthen its position in the market for online syndicate search services.
For this case, CCI considered markets in India for online general web search services and for online search advertising services as the relevant ones.
The order to impose the hefty fine on Google was passed by a 4-2 majority by the CCI, which noted that the fine was imposed on the search giant "taking into account its revenue from its India operations only".
Sell-side firms, on a consensus basis have a $2.00 price target on the name and a 2.00 recommendation, according to First Call. The stock, as of last close, traded 154.55% away to its 52 week low and was at a distance of -69.73% from its 52 week high.
The Los Angeles Lakers and Cleveland Cavaliers reportedly agreed to a blockbuster trade on Thursday before the trade deadline. Additionally, he has no options in his current deal, which would make him an unrestricted free agent in the 2020 off-season.
AAA's William Horrey says getting only four hours of sleep at night can have an affect similar to driving drunk. The American Automobile Association put cameras in thousands of cars and followed drivers for months.
The Falcon Heavy rose from the same launch pad used by Nasa almost 50 years ago to send men to the moon. It's now on its way to the asteroid belt that rings the very edges of our neighbourhood, Mr Musk said.
With the Republican memo already public, there is no legitimate reason not to release the Democrats' view of the same information. Moscow has denied meddling in the US presidential election, and Trump denied any collusion between his associates and Moscow.
Japanese scientists say they've found a new treatment for hair loss that may have some of you feeling a little "salty". The germs were then transplanted into bald mice that began to sprout new fur within days.
Ratings for most TV programming is down, as people increasingly cut the cord from cable and follow events on social media. There is perhaps no greater scrutiny that a brand faces than during the biggest US sporting event of the year.
California Public Employees Retirement System increased its stake in shares of Sally Beauty by 2.5% in the second quarter. The Liberty Mutual Group Asset Management Inc holds 35,949 shares with $704,000 value, down from 54,915 last quarter.
Mizuho Securities USA LLC's holdings in NXP Semiconductors were worth $2,693,000 at the end of the most recent reporting period. Always volatility measures make charm for active trader; price volatility of stock was 4.30% for a week and 3.38% for a month.
I was married so I knew the circumstances weren't the healthiest so I kept pretending I was doing it", she admitted. Talking on Lorraine , she told Ross King: "I mean, I thought about surrogacy at one point".
Corpus Christi police responded to the 1200 block of Cambridge Drive, near Ray High School, just after 7 p.m., police Lt. Four people, including a pastor, were stabbed during a church service in Texas on Wednesday night, police said.
North Korea holds military parade on eve of Games
Pence began his trip with a visit to Alaska, where he received a briefing on the U.S. missile defense system with U.S. The official didn't want to be named, citing office rules. "But we'll see what happens".
Tesla Earnings: Model 3 Production Is Ramping Up
Tesla reported completed deliveries of 28,425 Model S and Model X vehicles and 1,542 Model 3 deliveries in the fourth quarter. After having missed multiple deadlines for the mass-market Model 3, Tesla is still struggling to ramp up production.
Hockey Canada names men's leadership group
Now, current players can play in the National Women's Hockey League and other leagues as full-time professional athletes. But Russia hasn't medaled since 2002, including a disappointing showing on home ice four years ago.
UAE- SpaceX orbiting Mars in a Tesla sports car
A crewed test flight isn't expected until at least 2022. "I'm guessing our total investment is over half a billion", Musk said. The rocket was powered by 27 engines, a record high, which granted it "5 million pounds of thrust at liftoff".
Nadal confirms participation in Queen's Club Championships
Stan Wawrinka, Grigor Dimitrov, Alexander Zverev and defending champion Jo-Wilfried Tsonga are also due to compete in Rotterdam . World number one Rafael Nadal is planning to play the Aegon Championships at Queen's for the first time in seven years.
South Korean president to meet North Korean leader's sister
But his comments did not rule out a meeting - and nor has US Vice President Mike Pence, who is due in the South on Thursday. Otto Warmbier was an American who died a year ago , just days after his release from captivity in North Korea.