Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Indonesia fines Google $12 million for unfair business practices

by
January 22, 2025
in Investing
0
Indonesia fines Google $12 million for unfair business practices

JAKARTA (Reuters) – Indonesia’s antitrust agency on Tuesday ordered Google to pay fines about 202 billion rupiah ($12.37 million) for unfair business practices related to its payment system services for Google Play Store, its software distribution platform.

The agency launched an investigation into Alphabet (NASDAQ:GOOGL) Inc’s Google in 2022 on suspicion it had abused its dominant position by requiring Indonesian app developers to use Google Play Billing, at higher rates than other payment systems, or face removal from the Google Play Store.

The panel said in a hearing that the systems reduced developers’ earnings as they led to the reduction of users, adding Google has been found breaking Indonesia’s law against monopoly.

The agency found that Google had charged a fee of up to 30% via Google Play Billing, the panel said.

Google controlled a 93% market share in the country of 280 million people which has a fast-growing digital economy, the agency said.

Google Indonesia did not immediately respond to a request for comment when contacted outside business hours.

Google has previously said it had introduced a system where developers could offer users an alternative billing option.

Google has been fined more than 8 billion euros ($8.31 billion) by the European Union in the last decade for anti-competitive practices related to its price comparison service, Android mobile operating system and advertising service.

(This story has been corrected to say Google Play Billing, not Google Pay Billing, in paragraphs 2 and 4)

This post appeared first on investing.com
Previous Post

Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture

Next Post

Asia investor optimism dwindles on US policy uncertainty, China’s struggles- BofA

Next Post
Asia investor optimism dwindles on US policy uncertainty, China’s struggles- BofA

Asia investor optimism dwindles on US policy uncertainty, China’s struggles- BofA

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
DAVID MARCUS: In Harlem, excitement for Mamdani and a warning for Cuomo

DAVID MARCUS: In Harlem, excitement for Mamdani and a warning for Cuomo

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
DAVID MARCUS: In Harlem, excitement for Mamdani and a warning for Cuomo

DAVID MARCUS: In Harlem, excitement for Mamdani and a warning for Cuomo

November 2, 2025
Obama’s presence and Trump’s policies consume 11th-hour rally to keep NJ blue

Obama’s presence and Trump’s policies consume 11th-hour rally to keep NJ blue

November 2, 2025
Obama’s presence and Trump’s policies consume 11th hour rally to keep NJ blue

Obama’s presence and Trump’s policies consume 11th hour rally to keep NJ blue

November 2, 2025
Zohran Mamdani emerges as Republicans’ government shutdown boogeyman

Zohran Mamdani emerges as Republicans’ government shutdown boogeyman

November 2, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    DAVID MARCUS: In Harlem, excitement for Mamdani and a warning for Cuomo

    DAVID MARCUS: In Harlem, excitement for Mamdani and a warning for Cuomo

    November 2, 2025
    Obama’s presence and Trump’s policies consume 11th-hour rally to keep NJ blue

    Obama’s presence and Trump’s policies consume 11th-hour rally to keep NJ blue

    November 2, 2025
    Obama’s presence and Trump’s policies consume 11th hour rally to keep NJ blue

    Obama’s presence and Trump’s policies consume 11th hour rally to keep NJ blue

    November 2, 2025
    Zohran Mamdani emerges as Republicans’ government shutdown boogeyman

    Zohran Mamdani emerges as Republicans’ government shutdown boogeyman

    November 2, 2025

    Top News

    DAVID MARCUS: In Harlem, excitement for Mamdani and a warning for Cuomo

    DAVID MARCUS: In Harlem, excitement for Mamdani and a warning for Cuomo

    November 2, 2025
    Obama’s presence and Trump’s policies consume 11th-hour rally to keep NJ blue

    Obama’s presence and Trump’s policies consume 11th-hour rally to keep NJ blue

    November 2, 2025

    Latest News

    • DAVID MARCUS: In Harlem, excitement for Mamdani and a warning for Cuomo
    • Obama’s presence and Trump’s policies consume 11th-hour rally to keep NJ blue
    • Obama’s presence and Trump’s policies consume 11th hour rally to keep NJ blue

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.