India Defends Global Turnover Fine Law Against Apple's Challenge
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Moneycontrol•08-01-2026, 14:51
India Defends Global Turnover Fine Law Against Apple's Challenge
- •India's antitrust watchdog (CCI) defends a law allowing fines based on a company's global turnover, opposing Apple's challenge.
- •Apple asked New Delhi judges to strike down the 2024 law, fearing disproportionate fines for India-specific breaches, potentially up to $38 billion.
- •The CCI states the law aligns with international practice and ensures penalties deter large multinational players in digital markets.
- •Apple accuses CCI of illegally applying the new law retrospectively, while CCI claims it merely clarifies existing powers.
- •The Delhi High Court is scheduled to hear Apple's lawsuit on January 27.
Why It Matters: India's CCI defends its global turnover fine law, crucial for deterring multinationals, against Apple's legal challenge.
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