Penalty On Google Competition Commission To Starts Recovery Process Against Google. MarketGyani.com
CCI to start Penalty Recovery from Google: Trouble is continuously increasing for Google in India. The Competition Commission (CCI), a business monitoring body in India, imposed a fine of Rs 1,337 crore (Google Penalty) on Google due to Google’s unethical business activities in the country. Significantly, the giant tech company Google has not filed an appeal against this fine in the NCLAT (National Company Law Appellate Tribunal). Let us tell you that after the penalty is imposed by the CCI, the companies have the right to file their appeal in the NCLAT within 60 days of the penalty being imposed, but Google did not do so. On October 25, CCI had decided to impose fine on Google for doing unethical business, which could be appealed in NCLAT till December 25.
what is the whole matter
Google has not made any appeal for the penalty of Rs 1,337 crore in this case. Along with this, the penalty money has also not been deposited. In such a situation, the Competition Commission of India can soon start action on Google and send it a demand letter for the recovery of Rs 1,337 crore. First of all, CCI imposed a fine of Rs 1337 crore on Google on 20 October 2022.
After this, another fine of Rs 937 crore was imposed on Google. Now in this matter, CCI will first send a demand letter to Google. After this, the company will have to deposit the fine amount within 30 days. If the company does not do so, then the company’s bank accounts and assets will have to be attached. Along with this, action can also be taken against the officials of the company as they did not ensure the action of the commission.
google said this
Last week, while giving information on this matter, a Google spokesperson while talking to the news agency language said that we are about to file an appeal against the decision of the penalty imposed by the CCI. Along with this, he said that this penalty is a blow for those Indian users who have faith in the safety features of Google’s Android. Along with this, he said that we will keep our point in NCLAT, but the thing to note is that till now no appeal has been made by the company.