Apple has filed a petition in the Delhi High Court challenging India’s amended antitrust penalty regime that may subject it to as much as $38 billion in fines, Reuters reported, citing a court filing.
The petition marks the first legal challenge to India’s updated competition law, which empowers the Competition Commission of India (CCI) to calculate penalties based on a company’s global turnover rather than its India revenue.
The broader penalty power has major implications for ongoing antitrust cases against the US technology giant.
Apple has…

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