UPDATE: Russian antitrust says amicable settlement with Google unlikely - 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

UPDATE: Russian antitrust says amicable settlement with Google unlikely

(Specifies quotations in paragraphs 7–8)

MOSCOW, Mar 23 (PRIME) -- Russia’s Federal Antimonopoly Service will unlikely reach a compromise in its discord with Google, as the U.S giant “is behaving aggressively”, the antitrust authority’s Director Igor Artemyev said Wednesday.

“Google has addressed nobody. It protects its legal rights, which is a normal procedure. We also protect interests of our companies, interests of competition. That is why I don’t believe anymore in any compromises,” Artemyev said.

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.

“The company speaks in such an aggressive way both in Russian and foreign press. We read what is written: the Federal Antimonopoly Service has violated procedures during the study of the case, which is nonsense,” Artemyev said.

“We have nothing to worry about: they’ve just chosen this tactic. I could only say that this approach is not the best practice. Such a respected corporation could behave in better traditions of litigation and protection of its own rights and interests.”

The service expects Google to contest the court’s decision and will then decide upon a fine, the authority’s head said, adding that the volume of the market or the possible fine have not been calculated yet.

“This is not a problem. It’s a matter of two seconds…We respect terms of procedure that are set by the law,” he said.

“They are making statements; they are saying that they are going to file an appeal.”

Google could face a fine of 8% of its turnover on the market in case of no mitigating circumstances, Artemyev said in late 2015.

End

23.03.2016 15:44
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.8486 -0.0975 14 may
USD 91.6330 -0.1909 14 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3461.83 +0.14 14:59 14 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 157.03 -0.55 14:44 14 may
lkoh 7705.00 +0.21 14:44 14 may
rosn 591.05 +0.27 14:44 14 may
sber 314.49 -0.11 14:44 14 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 98.5825 -0.1425 14:44 14 may
USDTD 91.2375 -0.0625 14:44 14 may