Foreign media: China is ready to launch an antitrust investigation into Google Android in the United States

category:Finance
 Foreign media: China is ready to launch an antitrust investigation into Google Android in the United States


Earlier, the trump administration of the United States took a series of actions against Chinese technology companies on the ground of national security risks. These include putting Huawei on its trade blacklist and threatening to take similar action against semiconductor manufacturing company SMIC, ordering byte jump to sell tiktoks US business.

At the same time, China is embarking on major changes to its antitrust law and has proposed a number of amendments, including a substantial increase in the maximum fine and an expansion of the criteria for judging a companys market manipulation, Reuters said.

At present, the State Administration of market supervision and administration, the State Council, Google and Huawei have not commented on this.

If Chinas regulators continue to conduct antitrust investigations, they may refer to the practices of European and Indian regulators on Google, including inquiries of Google executives, focusing on how to impose fines based on Googles global revenue rather than local revenue, people familiar with the matter said.

In July 2018, the European Commission decided to impose a fine of 4.34 billion euros (about US $5.06 billion) on Google due to its illegal restrictive measures to strengthen its dominant position in search engine and violate EU anti-monopoly rules. The decision prompted Google to offer European users more options than the default search tool, and gave mobile phone manufacturers the freedom to use more competitive systems. Currently, Indian authorities are investigating charges that Google abused its market position to unfairly promote its mobile payment app. According to several foreign media reports, the US Department of justice will also launch an anti-monopoly lawsuit against Google in the near future. The U.S. government has been investigating this for 14 months. It could be the biggest antitrust lawsuit since Microsofts antitrust case 20 years ago, according to the news agency. Extended reading spent 44 billion yuan to purchase EUV lithography machine? TSMC: dont comment on market rumors Li Keqiang: unswervingly deepen reform to stimulate market vitality and social creativity_ NF5619

Currently, Indian authorities are investigating charges that Google abused its market position to unfairly promote its mobile payment app. According to several foreign media reports, the US Department of justice will also launch an anti-monopoly lawsuit against Google in the near future. The U.S. government has been investigating this for 14 months. It could be the biggest antitrust lawsuit since Microsofts antitrust case 20 years ago, according to the news agency.