financetom
Business
financetom
/
Business
/
Google agrees $36 million fine for anti-competitive deals with Australia telcos
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025 8:30 PM

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to

pay a A$55 million ($35.8 million) fine in Australia after the

consumer watchdog found it had hurt competition by paying the

country's two largest telcos to pre-install its search

application on Android phones, excluding rival search engines.

The fine extends a bumpy period for the Alphabet-owned

internet giant in Australia, where last week a court

mostly ruled against it in a lawsuit brought by Fortnite maker

Epic Games accusing Google and Apple ( AAPL ) of preventing

rival application stores in their operating systems.

Google's YouTube was also last month added to an Australian

ban on social media platforms admitting users aged under 16,

reversing an earlier decision to exempt the video-sharing site.

On anti-competitive tie-ups with Australian telcos, the

country's consumer watchdog on Monday said Google struck deals

with Telstra ( TTRAF ) and Optus, under which the tech giant

shared with them advertising revenue generated from Google

Search on Android devices between late 2019 and early 2021.

Google admitted the arrangement had a substantial impact on

competition from rival search engines, and has stopped signing

similar deals while also agreeing to the fine, the Australian

Competition and Consumer Commission (ACCC) added.

"Today's outcome ... created the potential for millions of

Australians to have greater search choice in the future, and for

competing search providers to gain meaningful exposure to

Australian consumers," ACCC Chair Gina-Cass Gottlieb said.

Google and the ACCC have jointly submitted to the Federal

Court that Google should pay the A$55 million fine.

The court must still decide if the penalty is appropriate,

the ACCC said, but the cooperation between the regulator and

Google has helped avoid lengthy litigation.

A Google spokesperson said the company was pleased to

resolve the ACCC's concerns which involved "provisions that

haven't been in our commercial agreements for some time".

"We are committed to providing Android device makers more

flexibility to pre-load browsers and search apps, while

preserving the offerings and features that help them innovate,

compete with Apple ( AAPL ), and keep costs low," the spokesperson added.

Google owns Android.

A Telstra ( TTRAF ) spokesperson referred Reuters to an earlier

statement saying it and Optus, owned by Singapore

Telecommunications, had fully cooperated with the ACCC

and promised not to sign agreements with Google to pre-install

its search product since 2024.

SingTel was not immediately available for comment.

($1 = A$1.5349)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
British insurer Just Group posts 23% fall in half-year operating profit
British insurer Just Group posts 23% fall in half-year operating profit
Aug 6, 2025
Aug 7 (Reuters) - British insurer Just Group posted on Thursday a 23% fall in first-half operating profit, pressured by weaker new business margins amid stiff competition and tighter credit spreads. The company, which agreed to a 2.4-billion-pound ($3.20 billion) takeover deal by Canada's Brookfield Wealth Solutions ( BNT ) in late July, reported an underlying operating profit of 192...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
IFX Payments' takeover offer for UK's Argentex terminated
IFX Payments' takeover offer for UK's Argentex terminated
Aug 6, 2025
Aug 7 (Reuters) - Britain's Argentex ( AGXTF ) said on Thursday that a previously announced acquisition of the company by cross-border payments provider IFX Payments has been terminated, after the currency risk management firm was placed into administration last month. ...
Auto parts group Dowlais reports cash outflow in first half due to tariffs
Auto parts group Dowlais reports cash outflow in first half due to tariffs
Aug 6, 2025
Aug 7 (Reuters) - British auto parts supplier Dowlais ( DWLAF ) reported a cash burn of 29 million pounds ($38.76 million) in the first half of the year, mainly due to the impact of U.S. tariffs. The company, which is set to be acquired by U.S. rival American Axle & Manufacturing ( AXL ), reported adjusted free cash outflow...
Copyright 2023-2026 - www.financetom.com All Rights Reserved