Apple faces $38 billion fine risk as CCI defends global turnover-based penalty law in antitrust case 7 days ago
The Competition Commission of India defends its global turnover-based penalty law against Apple's legal challenge, arguing it provides necessary deterrence for multinational companies. Apple faces potential fines up to $38 billion following a CCI investigation into alleged app store dominance misuse. The case involves disputes over retrospective application and information disclosure requirements, with broader implications for antitrust enforcement against global technology companies in India.