Apple, India and Antitrust Law

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Apple is challenging India's antitrust body over a potential $38 billion fine
Apple filed a lawsuit against the Competition Commission of India over how the body uses global turnover when calculating fines.

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Apple Asks Indian Court to Block Antitrust Law Allowing $38 Billion Fine
NewsBytes · 2d
Apple challenges India's antitrust law amid potential $38B fine
Mint Explainer: Why Apple is fighting India penalties based on global turnover, and what it means for Big Tech
Apple’s 545-page petition to the Delhi High Court on 26 November, which Mint has reviewed, brings into sharp focus a 2023 amendment to India’s Competition Act, 2002, that allows the Competition Commis...

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Today’s Cache | Nvidia rebuts critics; Apple contests India antitrust with risk of $38 billion fine; OpenAI defends ChatGPT in teen death lawsuit
cnbctv18 · 2d
Apple contests India’s new antitrust penalty law in Delhi High Court, flags $38 billion risk
Apple Challenges Antitrust Penalty Law In India, Risks $38 Billion Fine
Apple's "maximum penalty exposure" at the rate of 10% of its average global turnover derived from all of its services globally for three fiscal years to 2024 could be around $38 billion, it said in th...

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Delhi HC to hear Apple’s plea challenging global turnover-based penalty rule on 3 December
rediff.com · 1d
Global turnover penalty on Apple could cost $38bn
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