Google CEO on reports of anti-trust probe in US

WASHINGTON: Google's Indian-American CEO Sundar Pichai has said that it is "perfectly fine" for large corporations to be scrutinised however cautioned towards doing it just "for the sake regulating" them amid experiences that the US is initiating an anti-trust violations probe towards the web giant.

Pichai made the comments for the primary time after experiences emerged previous this month that Google's seek trade and advertising practices would possibly come under scrutiny all over the prospective anti-trust violations probe by the US Department of Justice (DOJ).


Scale of Indian market allowing Google to broaden new merchandise: Pichai

Google's Indian-American CEO Sundar Pichai has said that The scale of India's market has allowed Google to broaden new merchandise in the country and take it to the global degree. Addressing the India Ideas Summit of US India Business Council (USIBC), Pichai also said that India and the US can lead on standardisation of privateness frameworks for better safeguards towards privateness to ensure unfastened go with the flow of digital business.


The DOJ and Federal Trade Commission are said to be dividing up accountability for oversight of Google, Facebook, Apple and Amazon to probe their market dominance.

Pichai advised a news channel on Friday that it's "perfectly fine" for corporations like Google to be scrutinised once they get large enough.

"Scrutiny is right, and we will participate constructively in these discussions," he said.

"I worry that if you regulate for the sake of regulating it, it has a lot of unintended consequences," he said, specializing in the issue of man-made intelligence particularly.

Pichai said, "it will have implications for our national security and ... for other important areas of society. Having leadership ends up being really critical."

This isn't the primary time Google has come under scrutiny. The corporate was under investigation by the Federal Trade Commission in 2013, however emerged somewhat unscathed after the firm pledged to modify certain aspects of its trade, equivalent to the way it handles content material from third-party travel or buying groceries sites.


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"We have gone through similar situations in Europe, so it's not a surprise to us," Pichai said, including "for some of the other companies, maybe the scrutiny is newer."


He said that there are international locations that aspire to be the next Silicon Valley, and they are supporting their corporations too.


"This doesn't mean you don't scrutinize large companies, but you have to balance it with the fact that you want big, successful companies as well," Pichai added.
Google CEO on reports of anti-trust probe in US Google CEO on reports of anti-trust probe in US Reviewed by Kailash on June 16, 2019 Rating: 5
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