Russian court rejects Google’s appeal against antitrust decision - 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 court rejects Google’s appeal against antitrust decision

MOSCOW, Aug 17 (PRIME) -- Russia’s Ninth Arbitration Court of Appeal has rejected Google’s complaint against a lower court’s decision that supported the antimonopoly service in finding the U.S. giant guilty of abusing its dominance on the market of preinstalled application stores, according to court documents, seen by PRIME on Wednesday.

“The (lower) court’s decision will stay unchanged, and the appeal will not be satisfied,” the documents read.

The Federal Antimonopoly Service said on Tuesday that it did not find a compromise with Google, which it earlier fined with 438 million rubles. The company must pay the penalty within 60 days.

The antitrust case was initiated by Yandex, Google’s main rival on the local search market.

(63.9514 rubles – U.S. $1)

End

17.08.2016 14:55
 
 
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 3460.40 +0.31 13:49 13 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 155.81 +0.80 13:34 13 may
lkoh 7713.50 -0.01 23:50 13 may
rosn 587.45 +1.39 13:34 13 may
sber 313.49 0.00 23:50 13 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 98.6025 -0.2575 13:24 13 may
USDTD 91.4225 -0.0700 13:24 13 may