Get the latest tech news
Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system
Indonesia’s antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its
It also asked Google to let all developers participate in the User Choice Billing (UCB) program and give them a minimum 5% service fee discount for a year after the decision is finalized, according to its statement. Our current practices foster a healthy, competitive Indonesian app ecosystem, offering a secure platform, global reach, and choice, including user choice billing — which enables alternatives to Google Play’s billing system,” a Google spokesperson, Danielle Cohen, said in an email statement. The tech industry has been closely watching a series of legal disputes involving Google being fined for breaching anti-competitive practices due to its misuse of dominant market power in various countries, including Indonesia, India, South Korea, France, the EU and the U.S. Japan’s antitrust regulator is likely to determine that Google has breached Japan’s antitrust laws and will order the tech behemoth to cease its monopolistic behaviors, according to Nikkei Asia.
Or read this on TechCrunch