Russian antitrust halts proceedings against Google after truce - 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 halts proceedings against Google after truce

MOSCOW, Apr 26 (PRIME) -- Russia’s Federal Antimonopoly Service ceased on Tuesday administrative proceedings against Google after signing an amicable agreement earlier in April, the watchdog said on Wednesday in a statement.

“We hope Google will fulfill all the obligations imposed by the amicable agreement and will pay the fines shortly,” Deputy Director Sergei Puzyrevsky said.

On April 17, the authority and the U.S. company put an end to an almost two-year court haggling about Google’s dominance on the market of preinstalled application stores on Android devices. The parties also agreed to withdraw all suits from courts.

Google will pay all the penalties imposed, comprising 438 million rubles and two fines of 500,000 rubles, and will fix all breaches.

(55.8453 rubles – U.S. $1)

End

26.04.2017 16:01
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.3062 -0.1668 08 may
USD 91.1231 -0.1893 08 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3427.61 -0.25 18:51 07 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 153.64 0.00 23:50 07 may
lkoh 7726.50 -3.74 19:04 07 may
rosn 580.05 +0.17 19:04 07 may
sber 308.39 +0.78 19:04 07 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 98.2825 +0.1800 14:59 07 may
USDTD 91.2725 +0.0775 17:44 07 may