A potential fine of $38 billion looms over Apple as the Competition Commission of India (CCI) escalates its antitrust investigation into the company’s App Store practices. This figure represents a significant penalty based on Apple's global revenue, following the 2023 Competition (Amendment) Act in India. A hearing to address the matter is set for January 27.
In response to the ongoing investigation, Apple filed a motion on January 15 aimed at pausing the CCI's request for its financial documents until the court resolves the issue of how the fine should be calculated. Apple contends that compliance at this stage would undermine its legal arguments regarding the penalty framework.
The CCI has criticized Apple for delays, asserting that extensions are disrupting the procedural integrity of the investigation. They have warned that they will proceed with the investigation if Apple fails to respond adequately. The outcome of the upcoming hearing will determine whether the court supports Apple's position or affirms the CCI's regulatory stance.