MapmyIndia CEO: After CCI fine, Google is ‘not infallible’.
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The CCI’s action against Google for monopoly abuse has resulted in a “seismic shift” for India’s indigenous digital ecosystem, with local companies emerging stronger as they challenge the US technology giant’s stronghold across domains such as mapping, search, app store, and Android OS, according to the CEO of homegrown mapping and IT services company MapmyIndia.
MapmyIndia, which began operations in 1995 (almost three years before Google began business in the US), believes that Google’s “anti-competitive and monopolistic” grip on the digitally-strong Indian market will loosen as a result of the CCI’s order against the company, which not only imposed two penalties on the tech giant but also ordered it to “cease and desist” from engaging in activities that were found to be abusing dominance.
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