Apple's Legal Battle Over Indian Antitrust Penalty Law
Apple is challenging India's antitrust penalty law, arguing against the use of global turnover to calculate penalties for market dominance abuses. This move comes as the company faces antitrust proceedings in India, leading to a legal showdown in a New Delhi court.
Apple is mounting a legal challenge against India's antitrust penalty law in an effort to interrupt antitrust proceedings against the company. This battle was outlined during a recent session in a New Delhi court, according to information from India's antitrust regulator.
Last month, Apple contested the aspect of the antitrust penalty law that permits regulators to factor in a company's global turnover when calculating penalties for market abuse, a point of contention that highlights the tech giant's ongoing legal and regulatory battles worldwide.
Apple's argument underscores the complexities of applying domestic laws to multinational companies operating across borders, as it seeks to limit the financial repercussions of any adverse ruling on its business operations.
(With inputs from agencies.)
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