
Apple is seeking to invalidate a new Indian antitrust penalty formula that allows fines to be based on a company’s global turnover rather than its local revenue. Here are the details.
’Manifestly arbitrary, unconstitutional, grossly disproportionate, unjust’
As reported by Reuters, Apple has filed a constitutional challenge in the Delhi High Court targeting India’s 2024 antitrust penalty provisions, which could fine it up to $38 billion in an antitrust case involving the…

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