1 November 2022 | Other

Google ceases the work of its billing system in India

Reuters agency reports that Alphabet Inc Google cancels the requirement of the policy according to which the Indian application developers were obligated to acquire digital goods and services via Google Play automatic billing system. It was done under the order of the country's antitrust authority.

Last week, the Competition Commission of India declared that Google has no right to prevent developers from using different systems for billing and transaction processing. The company was also fined $113 million.

The commission had already asked the company to change the approach to work with the Android platform last month and issued it a $162 million fine for a monopolistic practice related to the operating system. 

On Thursday, Google released a policy revision statement on its site as the company strives to build Android and Play services.


Company MarketCheese
Gold buy
Period: 31.03.2026 Expectation: 23000 pips
Holding on to gold for long term
Yesterday at 11:52 AM 49
Period: 30.01.2026 Expectation: 1000 pips
AUDCAD climbs higher after exiting flat trend
Yesterday at 10:42 AM 29
Period: 23.01.2026 Expectation: 1060 pips
GBPUSD pushed lower by later Fed cut timeline
Yesterday at 10:31 AM 18
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Brent sell
Period: 31.01.2026 Expectation: 200 pips
Brent crude selloff targets $62.50
Yesterday at 08:33 AM 21
Brent sell
Period: 23.01.2026 Expectation: 125 pips
De-escalated geopolitical tensions send Brent prices into correction
Yesterday at 07:00 AM 18
Period: 28.02.2026 Expectation: 1250 pips
Selling GBPUSD down to 1.3275
Yesterday at 06:23 AM 13
Go to forecasts