Unintended consequences if you regulate us for the sake of it: Google CEO

Topics Sundar Pichai | Google

Google CEO Sundar Pichai | Photo: AP/PTI

Facing an anti-trust probe from the US government, Google CEO Sundar Pichai has cautioned against those who may want to regulate the tech giants "for the sake of regulating."

In an interview with CNN Business, Pichai said his company had gone through similar situations in Europe, so the probe wasn't a surprise for them. "For some of the other companies, maybe the scrutiny is newer," Pichai said on Friday.

"Scrutiny is right, and we will participate constructively in these discussions," he said and added: "I worry that if you regulate for the sake of regulating it, it has a lot of unintended consequences."

According to media reports, the US Department of Justice is preparing to open a case against Google for potential anti-trust violations.

The news comes amid the debate on whether large technology companies like Facebook should be broken up.

On an anti-trust complaint from the European Commission regarding ranking of shopping search results and ads in 2010, Google was fined $2.7 billion in 2017.



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel