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Apple says it faces world's largest antitrust fine as India hardens stance

9to5Mac·Ben Lovejoy·about 1 month ago
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Apple has said that it could potentially be fined a massive $38 billion in an antitrust battle taking place in India after it refused to cooperate with the regulator. Yep, that’s billion with a B. The iPhone maker has persistently refused to submit financial data required by the Competition Commission of India (CCI) after being found guilty of abusing its dominant position in the smartphone market … The usual Apple antitrust battle, with a twist Apple has faced antitrust legislation, competition regulator investigations, and lawsuits around the world. All of these essentially come down to the same issue. Edge cases aside, the only way you can buy an iPhone app in most countries around the world is from the official Apple App Store. The company sets its own commission rates, and developers have no choice but to accept them if they want to offer their apps on iPhone. Many countries have held this to be an abuse of Apple’s dominant position in the market.…

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