Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system
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Google has been fined $12.6 million by Indonesia's antitrust agency for monopolistic practices related to its payment system services on the Google Play Store.
January 22, 2025 | 10:45 am
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Google has been fined $12.6 million by Indonesia's antitrust agency for monopolistic practices in its payment system services on the Google Play Store.
The fine indicates regulatory challenges for Google in international markets, which could lead to increased scrutiny and potential financial implications. This may negatively impact investor sentiment in the short term.
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