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Russia slaps Google with $6.8 million fine

12:24 PM | 12 Aug, 2016
Russia slaps Google with $6.8 million fine
RUSSIA (Web Desk) - Search engine Google has been slapped with a whopping 438 million rouble ($6.8 million) fine for pre-installing applications on mobile devices running its Android operating system by a Russian anti-monopoly watchdog FAS (Federal Antimonopoly Service).

Russia began investigating Google for antitrust violations last year after the largest search engine in the country, Yandex, complained to authorities that Google's promotion of its own services over alternatives (like Yandex) on Android was anti-competitive.

The "Federal Antimonopoly Service" has now decided to impose a hefty ban on the search engine giant. The decision is deemed favorable to country's own tech giant Yandex.

On the other hand,Google reflected on the decision that it was evaluating the ruling handed down by the FAS, and would decide on its next step.

“We have received a notification from FAS about the imposed fine,” Google's press service said on Thursday in a written statement.


“We will familiarize ourselves with the ruling before deciding on further actions.” he added.


Read More: Google completely removes Palestine from its maps


The fine is obviously a minute amount of money for Google, which has $75 billion in annual revenue. Google is facing anti-trust in the European Union as well over Search dominance as well as its Android mobile OS.  In June this year, Google was slapped with fresh EU anti-competition charges around its advertising business

The writer is a civil servant.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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