India Defends Global Turnover Antitrust Penalty Law Amid Apple Challenge

India Defends Global Turnover Antitrust Penalty Law Amid Apple Challenge

India's antitrust watchdog is defending a 2024 law that allows penalties based on a company's global turnover, which Apple is challenging in court. Apple fears a potential $38 billion fine, arguing the law is unconstitutional and disproportionate. The next court hearing is set for January 27, 2026.

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