🚨 Apple has filed a petition in the Delhi High Court challenging India’s 2024 antitrust penalty law that allows fines based on global turnover.

📍The case could expose Apple to a penalty of up to $38 billion and may reshape how global tech companies are regulated in India.

📅 The plea will be heard on December 3. ⚖️📱

🔑 Key Details:
🔸 Apple filed a 545-page petition asking the court to declare the penalty rule illegal and unconstitutional.
🔸 The 2024 amendment lets the Competition Commission of India (CCI) calculate fines using global turnover, not India revenue.
🔸 Apple fears fines up to 10% of its average worldwide turnover, which could reach $38B.
🔸 The challenge is linked to a 2022 antitrust investigation triggered by Match Group and Indian startups on App Store payment restrictions.
🔸 CCI found preliminary evidence of abusive conduct over commissions up to 30% on in-app purchases; verdict pending.
🔸 Apple argues the rule is arbitrary and disproportionate, especially if applied retrospectively, as seen in a recent 10 November case.
🔸 CCI and legal experts support the rule, saying it aligns with EU-style antitrust frameworks for regulating big tech.
🔸 Apple’s user base in India has quadrupled in five years, increasing regulatory scrutiny.
🔸 Hearing scheduled for December 3; outcome could set a precedent for multinational tech regulation in India. 🏛️

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