On Monday, Google said it would pay a A$55 million ($35.8 million) penalty in Australia. The national consumer regulator found that the company undermined

MELBOURNE, Austalia (AP) — Google has agreed to pay a 55 million Australian dollar ($36 million) fine for signing anticompetitive deals with Australia’s two largest telcos that banned the installation of competing search engines on some smartphones, the U.S. tech giant and Australia’s competition watchdog said.

Google said it does not agree with all of the Australian regulator's findings, but the tech company said it is cooperating, will jointly submit to the Court that it should pay the penalty, and will establish a competition law compliance program to meet the regulator's requirements.