Apple Tells Court India Is Overstepping Authority In Antitrust Case
Apple has approached the Delhi High Court, alleging that the Competition Commission of India (CCI) is exceeding its authority in an ongoing antitrust case related to its iPhone app market conduct. Apple could face a penalty of up to $38 billion in the case.
Apple Inc. has approached the Delhi High Court, alleging that the Competition Commission of India (CCI) is exceeding its authority in an ongoing antitrust case. The CCI is seeking financial data from Apple, which is used to calculate penalties, as part of an investigation into the company's conduct in the iPhone app market. Apple is challenging India's antitrust penalty framework and urged the court to hear the matter on May 15. The CCI directed Apple to submit the required financial information and scheduled a final hearing for May 21. iPhones have a 9% market share in India, up from 4% two years ago, according to Counterpoint Research. Apple could face a penalty of up to $38 billion in the case.
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