Russia’s anti-monopoly agency said Monday that Google Inc was abusing its market position in the country and would face penalties, in a case launched by local competitor Yandex.
The Federal Anti-Monopoly Service (FAS) said Google had violated the law by pre-installing certain applications on mobile devices and could face penalties totaling up to 15 percent of its 2014 revenue in this part of the Russian market.
FAS declined to specify the revenue in question, saying it was a trade secret, but said it would decide on the exact value of the fine after Sept. 28. It added Google must then pay and change its ways, or risk more fines if violations continue.
Russia’s anti-monopoly watchdog threatens to fine GoogleRead More
