🚨 Google Faces $12.6M Fine in Indonesia for Monopolistic Practices! 🚨

KPPU fines Google for enforcing exclusive billing, blocking alternatives, and hurting developers. What's next for Google? Stay tuned!

🚨 Breaking News: Google Fined by Indonesian Antitrust Agency 🚨

In a major blow to Google's operations, the Indonesian antitrust agency (KPPU) has imposed a hefty fine of IDR 2.025 trillion (~$12.6 million) for monopolistic practices related to its Google Play Store payment system.

🔴 What Happened? The fine stems from Google enforcing the exclusive use of its Google Play Billing (GPB) system, charging developers up to 30% in fees while blocking alternative payment options. This practice led to user declines, lower transaction volumes, and financial losses for developers.

🔵 The Order:

Stop enforcing the GPB system.

Allow developers to join the User Choice Billing (UCB) program.

Offer at least a 5% service fee discount within a year.

Google plans to appeal the decision, maintaining that their practices promote healthy competition. This fine follows a string of similar penalties from other countries, including India, South Korea, and the EU, with Japan possibly next in line.

📱 Stay tuned for more updates on this developing case!

#Google #Indonesia #BTCNextATH? #Monopoly #GooglePlay #Regulation #TechNews

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