financetom
Business
financetom
/
Business
/
Google Disappointed by Japan Antitrust Watchdog Decision to Issue Cease-and-Desist Order
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Google Disappointed by Japan Antitrust Watchdog Decision to Issue Cease-and-Desist Order
Dec 24, 2024 8:57 AM

11:43 AM EST, 12/24/2024 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) reacted with disappointment to the decision by Japan's antitrust watchdog to issue a cease and desist order against the search engine provider over allegations of monopolistic practices.

"We're disappointed that the [Japan Fair Trade Commission] rushed to a decision instead of sufficiently considering our proposed solution. We will present our arguments in the hearing process," Google ( GOOG ) said late Monday in a statement to MT Newswires.

The statement was issued after media outlets reported that the commission was set to declare that Google ( GOOG ) violated the country's Antimonopoly Act. Google ( GOOG ) has been accused of forcing smartphone manufacturers in Japan to install Google Play and its search app Chrome on their smartphones.

"We have continued to work closely with the Japanese government to demonstrate how we are supporting the Android ecosystem and expanding user choice in Japan," the Google ( GOOG ) statement said.

Price: 196.76, Change: +0.77, Percent Change: +0.39

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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved