XM does not provide services to residents of the United States of America.

India competition watchdog to investigate Google's gaming app policy



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>India competition watchdog to investigate Google's gaming app policy</title></head><body>

BENGALURU, Nov 28 (Reuters) -India's competition watchdog on Thursday ordered a probe into Google's restrictive policies for real-money games on its platform, following a complaint by online gaming platform WinZO that called it discriminatory.

The move compounds Google's regulatory headaches in India, where it has already been hit with at least two penalties for abusing its dominant position in the Android operating system market.

Google did not immediately respond to requests for comment made after working hours in India and with the Thanksgiving holiday in the United States.

WinZO, which offers real-money games, first approached the Competition Commission of India (CCI) in 2022, after a change in the U.S. company's gaming app policy continued to exclude WinZO from Google's Play Store, even as it accepted some of its competitors.

The updated Google policy allowed real-money games for fantasy sports and rummy, but WinZO was rejected as it also offered games in other categories that Google does not accept, such as the Indian game of carrom, puzzles and car racing.

"By granting preferential treatment to select app categories, Google effectively creates a two-tier market where some developers are accorded superior access and visibility while others are discriminated against and thus, left with a competitive disadvantage," a copy of the CCI order stated.

A CCI official is expected to complete its investigation into the matter within 60 days.



Reporting by Munsif Vengattil in Bengaluru; Editing by Kirsten Donovan

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.