Russian antitrust gets all info from Google, calculates fine - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russian antitrust gets all info from Google, calculates fine

MOSCOW, Mar 31 (PRIME) – The Federal Antimonopoly Service has received all necessary information from Google on its work on the Russian market in 2014 and has calculated a fine for the U.S. company, Yelena Zayeva, head of the service’s department for connection and IT regulation, said Thursday.

“An official representative of Google came to the Federal Antimonopoly Service duly on Thursday, at 10.30 (Moscow time) in the morning to explain the company’s violations and sign documents. A protocol was made; a defender took part in drawing up the protocol,” Zayeva said.

“In this regard we can say that the Federal Antimonopoly Service has calculated the fine, which can be imposed on Google for violations in Russia. We will not voice the figure until it’s approved in due order,” she said.

According to earlier reports, Google could face a fine of 8% of its turnover on the market in case of no mitigating circumstances.

The Moscow Arbitration Court earlier upheld the antimonopoly service’s conclusion that Google had abused its dominant position on the local market of preinstalled application stores by obliging producers to install other services along with Google Play.

Google had already presented its documents, including on incomes from Google Play and products distributed along with the applications store in the country in 2014, Zayeva said.

End

31.03.2016 17:29
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.9461 +0.6399 09 may
USD 91.8239 +0.7008 09 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3438.75 +0.33 18:50 08 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 154.25 +0.06 19:04 08 may
lkoh 7722.50 0.00 23:50 08 may
rosn 578.30 -0.28 19:04 08 may
sber 310.90 +0.87 19:04 08 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 98.8600 +0.5775 14:59 08 may
USDTD 91.7025 +0.4300 16:27 08 may