$276 million in fines will do that to a monopolist
India’s Competition Commission last week fined Google a combined $276 million for monopolistic practices in the markets for app stores and mobile operating systems, and called for the company to open its Play store to third-party payment systems or risk further regulatory wrath.
Google has now kind-of complied with the demands by the Competition Commission , by indefinitely extending the deadline by which developers must comply with its payment requirements. In 2020, Google tweaked its legalese to make it plain that developers must use its payment systems if they want their apps included in the Play store. In a market like India, where Apple holds tiny market share, that tweak meant developers were effectively forced into Google's world and the high fees it charges.
Google later extended the deadline for developers in India"due to unique circumstances with the payments landscape in the country."Google announced the extension with additions to athat states it is"pausing enforcement of the requirement for developers to use Google Play's billing system … while we review our legal options and ensure we can continue to invest in Android and Play.
The prospect of Google not investing in Play or Android in India is tiny. The ads and search giant sees India as a critical growth market and
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