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in Tech

Google Faces $34 Million Fine in Russia Over Breach of Competition Rules

by Editor July 27, 2022, 2:28 am 1.2k Views

Russia’s competition watchdog fined Alphabet’s Google RUB 2 billion (roughly Rs. 260 crore) on Tuesday for abusing its dominant position in the video hosting market, the regulator said in a statement. The decision is the latest multi-million dollar fine as part of Moscow’s increasingly assertive campaign against foreign tech companies. The Federal Antimonopoly Service (FAS) said the company had “abused its dominant position in the YouTube…

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