Google fined $113M by India over payments abuse
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Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has been fined $113M by India's antitrust regulator after the government agency concluded an antitrust probe that determined the tech giant abused its position to promote its payment offerings.
The Competition Commission of India, or CCI, said the Alphabet (GOOG) (GOOGL) subsidiary used its prowess to promote its own payments app, as well as its in-app payment system. The agency added that Google (GOOG) (GOOGL) forced developers to use its in-app payment system.

Earlier this month, Google (GOOG) (GOOGL) was fined $162M by the CCI over anticompetitive practices concerning its Android operating system.
Android accounts for the vast majority of smartphones in India.
Alphabet (GOOG) (GOOGL) shares were fractionally higher in early Tuesday trading.
Mountain View, California-based Alphabet (GOOG) (GOOGL) is slated to report third-quarter results after the close of trading on Tuesday, with all eyes on the company's advertising business.