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Google May be charged $5 billion from Competition Commission of India

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Google May be fined $5 billion from Competition Commission of India
At present leading search engine giants "Google" may have to pay huge penalty to India. Fair trade watchdog  Competition Commission of India (CCI) have penalised Google upto about 5 billion dollars if it is found to have violated competition norms of the country.

As per the competition regulation, if CCI founds the voilation of the norms then google have to penalised  with penalty of up to 10% of its three-year annual average turnover. In the case of Google, its annual revenues in the last three years amounts to a staggering $49.3 billion and the maximum penalty can be up to nearly $5 billion.

Google spokesperson told : 
"We are extending full co-operation to the Competition Commission of India in their investigation." "We're pleased that the conclusion of the Federal Trade Commission's two year review was that Google's services are good for users and good for competition,"
 Earlier Google have settled anti-trust cases in US and European Union, it seems that Google have to make very hard twist to make settle in India, as they do not have the provision for settlement process. CCI have referred the case to Director General (DG) for investigation and ask for the further report of investigation. As per the source it is being said that, DG have collected some of the reports and comments from thirdparty and soon it will be submitted to CCI.

So it just a case of waiting, as what DG has in its research. This complaint against Google was first filed by the advocacy group CUTS International in late 2011. 
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