Google loses case in court, to pay Rs 6,000 crore fine in antitrust case

A court in San Francisco in America has announced that Google's parent company Alphabet has agreed to pay an amount of $ 700 million (about six thousand crore rupees) to settle a lawsuit.

An antitrust case against Google was filed by many American states and consumers. Under the agreement, Google also said that it will change the policies related to its App Store (Google Play).

The company is accused of illegally dominating the Android market through its App Store. Google had reached the settlement in September but a lawsuit related to it was pending, so its information was kept confidential. The agreement is pending final approval from a judge. Google has denied making any mistake in this matter. Last year, an antitrust watchdog had found that Google was abusing its power.

In October, the Competition Commission of India (CCI) had imposed a fine of $ 275 million on Alphabet Inc.'s Google in two cases. The point was to take advantage of its dominance in markets like online search and the Android app store. CCI had also asked Google to change the restrictions imposed on smart phone manufacturers related to pre-installing apps.

The news of the agreement comes at a time when Google is facing antitrust investigation around the world. Antitrust law is also known as competition law. Its purpose is to protect trade from unnecessary restrictions, monopolies and price fixing.