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Apple challenges India's global turnover penalty rule in court
Business
Apple is taking India's Competition Commission to court over a new rule that could let regulators fine companies based on their global—not just Indian—revenues.
Apple says this could mean massive fines (up to $38 billion) for issues limited to its app payments in India, and is asking for penalties to be tied only to its India earnings.
Why does it matter?
This case isn't just about Apple—it could impact how all big tech companies like Google and Amazon are treated in India.
If the rule stands, it might set a new standard for fines worldwide, making global firms rethink how they operate here.
The outcome could shape the future of tech regulation as India gets tougher on digital giants.