Apple is attempting to halt antitrust investigations in India by legally challenging a provision that permits penalties to be based on the company’s worldwide revenue, according to the country’s Competition Commission, further intensifying the standoff between New Delhi and the U.S. tech giant. The company filed a challenge last month against the Indian antitrust law that enables the regulator to calculate fines using global turnover, arguing that the rule could result in excessively harsh penalties for violations confined solely to the Indian market. Arpan Chaturvedi for Reuters: ‎ Apple argued it risks facing a fine of up to $38 billion after it was found to have breached laws in a case where Tinder-owner Match and Indian startups succeeded in convincing…
As reported by Reuters, Apple has approached the Delhi High Court to contest a recent amendment to India’s… The post Apple Challenges Indian Antitrust Law Over Potential $38 Billion Fine Risk appeared first on Appleosophy.
Apple has filed a petition at the Delhi High Court challenging India’s updated antitrust regulations, which could expose the U.S. tech giant to fines as high as $38 billion, according to a court document reviewed by Reuters. This marks the inaugural legal challenge to the antitrust penalty framework, enacted last year, empowering India’s Competition Commission (CCI) to base fines on a company’s worldwide revenue when penalizing violations of market dominance rules. Reuters: ‎ Since 2022, Tinder-owner Match and Indian startups have been locked in an antitrust battle with Apple at the CCI, where investigators last year issued a report saying the U.S. smartphone company had engaged in “abusive conduct” on the apps market of its iPhone Operating System, iOS. Apple…
Apple’s fight to defend its App Store policies has hit a significant snag in the United Kingdom. The… The post Apple Denied Appeal in Major UK App Store Ruling appeared first on Appleosophy.
A federal judge in Texas ruled on Thursday that Apple and OpenAI must answer to a lawsuit filed… The post Apple and OpenAI can’t dismiss Elon Musk’s Lawsuit, Judge Rules appeared first on Appleosophy.
A US federal judge on Monday decertified a class action lawsuit that accused Apple of monopolizing the iPhone… The post US Federal Judge Decertifies Apple App Store Monopoly Class Action appeared first on Appleosophy.
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