Delhi High Court says Apple could face $38 billion penalty in Indian antitrust case
India’s Delhi High Court says that Apple could face a penalty as high as $38 billion for what its investigators describe as "abusive conduct” related to the tech giant's app store, according to Reuters.
Apple is challenging the constitutionality of country's new antitrust law, taking specific issue with the fact that penalties are calculated based on companies’ total annual global revenue, rather than just revenue derived from India.
That global figure could mean fines as high as $38 billion, according to a court filing seen by Reuters.
The Competition Commission of India has not issued a final ruling in the case.
That global figure could mean fines as high as $38 billion, according to a court filing seen by Reuters.
The Competition Commission of India has not issued a final ruling in the case.