BRUSSELS (Reuters) -Alphabet unit Google is seeking to settle an EU antitrust investigation into its digital advertising business, a person familiar with the matter said, a move that could help it stave off a disruptive, lengthy probe and a possible hefty fine. EU antitrust cases have cost Google more than 8 billion euros ($9.4 billion) in fines in three different cases in the last decade and it has also been ordered to change its business practices to allow rivals to compete. The world's most popular internet search engine found itself in the European Commission's crosshairs three months ago.
Alphabet Inc's Google on Thursday said it was suing the Competition Commission of India (CCI) following the leak of a confidential CCI report into an antitrust investigation of the U.S. tech giant. The Times of India newspaper, and then Reuters, reported on Saturday that a CCI investigation had found Google abused the dominant position of its Android operating system in India, using its "huge financial muscle" to illegally hurt competitors.
SYDNEY (Reuters) -Commonwealth Bank of Australia accused Apple Inc on Thursday of uncompetitive behaviour over control of payments on its phones, which have grown to about a third of all in-person payments the country's largest lender processes. Matt Comyn, chief executive at the Sydney-based bank, urged lawmakers to boost scrutiny of technology giants, saying payments through digital wallets developed by Apple and Alphabet's Google made up about 45% of all physical consumer payments, as distinct from other payments such as online or direct debits. "The ... claim that Apple is pro-competition, I think, is a fair statement, as long as one accepts that competition is welcome as long as no one can compete with Apple," Comyn told a regular parliamentary committee.