Apple Challenges India’s Antitrust Penalty Law That Could Cost It $38 Billion: Report
Apple has approached the Delhi High Court to challenge an amended CCI penalty rule that lets regulators impose fines based on a company’s global turnover. The company argues the formula is arbitrary and disproportionate, noting it could face penalties of up to $38 billion if found guilty in an ongoing App Store investigation. The case is scheduled for a hearing on D...
Apple has approached the Delhi High Court to challenge an amended CCI penalty rule that lets regulators impose fines based on a company’s global turnover. The company argues the formula is arbitrary and disproportionate, noting it could face penalties of up to $38 billion if found guilty in an ongoing App Store investigation. The case is scheduled for a hearing on D...
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