Google has changed its logo's font to a simpler style, and made its mini logo uppercase and colorful. (Photo : Facebook)
The Russian anti-monopoly agency, Federal Antimonopoly Service, or FAS, found Google Russia guilty of violating the country's anti-monopoly law. The company could be fined up to 15 percent of its 2014 revenue.
Money Control reports that the case was an offshoot of a complaint by Yandex, a Russian search engine, that Google breached the law by its pre-installation of its search engine on mobile devices. FAS said it would make a decision on the total fine after Sept. 28 but declined to provide the amount of revenue that Google Russia earned last year since it is a trade secret.
However, Google US reported $66 billion revenue in 2014, although it does not provide a breakdown by country.
Following the FSA decision, shares of Yandex went up to 9 percent but eventually settled to 7 percent on Monday trading. Yandex said the ruling will bring back competition in the Russian market.
Yandex also complained of Google Russia bundling apps from its Google Mobile Services with the Google Play store which requires pre-installation of the Google search engine as default. Yandex also accused Google of giving preferential placement of Google icons the display of mobile devices.
Although Yandex is the market leader in Russia, Google Russia is increasing its share because Android-based gadgets are pre-loaded with Google search engine. Over 80 percent of the smartphones in the world are powered by Android OS, reports CNET.
According to App Annie analysts, Russia is Google's fourth-largest market in Q2 2015 in terms of Google Play downloads.
