financetom
Business
financetom
/
Business
/
Indonesia fines Google $12 million for unfair business practices
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Indonesia fines Google $12 million for unfair business practices
Jan 21, 2025 5:32 PM

JAKARTA (Reuters) - Indonesia's antitrust agency on Tuesday ordered Google to pay fines about 202 billion rupiah ($12.37 million) for unfair business practices related to its payment system services for Google Play Store, its software distribution platform.

The agency launched an investigation into Alphabet Inc's ( GOOG ) Google in 2022 on suspicion it had abused its dominant position by requiring Indonesian app developers to use Google Play Billing, at higher rates than other payment systems, or face removal from the Google Play Store.

The panel said in a hearing that the systems reduced developers' earnings as they led to the reduction of users, adding Google has been found breaking Indonesia's law against monopoly.

The agency found that Google had charged a fee of up to 30% via Google Play Billing, the panel said.

Google controlled a 93% market share in the country of 280 million people which has a fast-growing digital economy, the agency said.

Google Indonesia did not immediately respond to a request for comment when contacted outside business hours.

Google has previously said it had introduced a system where developers could offer users an alternative billing option.

Google has been fined more than 8 billion euros ($8.31 billion) by the European Union in the last decade for anti-competitive practices related to its price comparison service, Android mobile operating system and advertising service.

(This story has been corrected to say Google Play Billing, not Google Pay Billing, in paragraphs 2 and 4)

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 >
MARA And CleanSpark Stocks Surge Friday: What's Going On?
MARA And CleanSpark Stocks Surge Friday: What's Going On?
May 26, 2025
MARA Holdings, Inc. ( MARA ) and CleanSpark, Inc. ( CLSK ) shares are trading volatile on Friday amid worse-than-expected financial results on Thursday after the market closed. What To Know: MARA reported a loss of $1.55 per share, missing the consensus estimate of a 4 cent-gain. In addition, it reported sales of $213.88 million, missing the consensus estimate of...
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,...
US oil and gas rig count falls to lowest since January, Baker Hughes says
US oil and gas rig count falls to lowest since January, Baker Hughes says
May 26, 2025
May 9 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes ( BKR ) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by six to 578 in the week...
Market Chatter: Banco Santander Rejected NatWest Group's Bid for UK Bank
Market Chatter: Banco Santander Rejected NatWest Group's Bid for UK Bank
May 26, 2025
01:11 PM EDT, 05/09/2025 (MT Newswires) -- Banco Santander (SAN) rejected an 11 billion pounds ($14.64 billion) bid from NatWest Group ( NWG ) for its UK retail bank earlier this year, the Financial Times reported Friday, citing people familiar with the matter. The offer, which fell within a range of 10 billion to 12 billion pounds, was considered too...
Copyright 2023-2026 - www.financetom.com All Rights Reserved