Global turnover penalty on Apple could cost $38bn
Rediff·2025-11-27 20:56
iPhone maker tells Delhi HC the antitrust watchdog has no jurisdiction to consider its global turnover.IMAGE: People visit the Apple Store to buy the newly launched iPhone 17 at Select City Walk, New Delhi. Kindly note that this image has been posted for representational purposes only. Photograph: ANI PhotoiPhone maker Apple Inc has told the Delhi high court that the Competition Commission of India's (CCI's) amended law, which allows penalties to be calculated on the basis of a company's global turnover rat ...