Apple vs CCI: Why India wants global revenue to decide penalties |
New Delhi: India’s competition regulator and Apple are now locked in a legal fight that could shape how big global tech firms are fined in the country. At the centre of the dispute is a 2024 change in India’s antitrust law that allows penalties to be calculated using a company’s global turnover, not just its India revenue.
The case has drawn attention far beyond Apple. If the law stands, it could affect several multinational firms facing scrutiny in India. The arguments from both sides reveal how India wants to deal with global digital giants, and why Apple believes the approach goes too far.
Apple moved the Delhi High Court in November, asking judges to strike down the 2024 amendment. The company argues that using global turnover to calculate fines can lead to penalties that are far out of proportion to alleged violations that occurred only in India.
Apple fears that the new method could expose it to a fine of up to 38 billion US dollars which is around ₹3,42,000 crore, if applied to an ongoing case related to its........