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Update: Market Chatter: Google Probed by India Watchdog Over Play Store Policies
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Update: Market Chatter: Google Probed by India Watchdog Over Play Store Policies
Nov 29, 2024 5:39 AM

08:11 AM EST, 11/29/2024 (MT Newswires) -- (Updates with Google ( GOOG ) comment in the fifth paragraph.)

Alphabet's (GOOG, GOOGL) Google ( GOOG ) became the target of an investigation by India's antitrust regulator over complaints by an online money gaming platform that its app store pursues discriminatory policies, Reuters reported Thursday, citing an internal document.

The company, WinZO, approached the Competition Commission of India in 2022 after being removed from Google's ( GOOG ) Play Store, even while it purportedly accepted some of its competitors, Reuters reported.

"Google ( GOOG ) effectively creates a two-tier market where some developers are accorded superior access and visibility while others are discriminated against and thus, left with a competitive disadvantage," the commission's order said, according to Reuters.

The investigation is expected to close within 60 days, the report said.

Google ( GOOG ) told MT Newswires that its advertising tools support websites and apps while helping businesses reach new customers, adding that the complaint overlooks the competitive nature of the advertising sector, where buyers and sellers have many options. The company also said it looks forward to presenting its case in court.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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