Apple case: Delhi High Court gives govt and CCI a week to justify fines based on global turnover
The Delhi High Court on Monday issued notices to the Union government and the Competition Commission of India (CCI), directing them to file an affidavit within a week that explains the rationale behind imposing penalties based on a company's global turnover rather than its India revenue. The court was hearing a plea filed by Apple Inc, which is challenging recent amendments to the Competition Act that allow penalties to be computed on a company’s global turnover. However, a bench comprising Chief Justice De ...