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Home Trading News Stock Market

Apple challenges India’s anti-trust body over potential $38 billion fine

November 27, 2025
in Stock Market
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Apple challenges India’s anti-trust body over potential  billion fine
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The primary day of sale of the iPhone 15 smartphone in Mumbai, India, on Sept. 22, 2023.

Dhiraj Singh | Bloomberg | Getty Photos

Apple has filed a case in Delhi Excessive Courtroom in opposition to the nation’s anti-trust physique due to the way it considers world turnover when calculating penalties.

The iPhone maker, which is among the many quickest rising good cellphone manufacturers in India, is difficult India’s new antitrust regulation below which the U.S. firm may incur fines of as much as $38 billion, in keeping with a report by Reuters.

It added it was “unconstitutional, grossly disproportionate, unjust” for the Competitors Fee of India (CCI) to make use of turnover when calculating penalties.

Apple didn’t instantly reply to a request for remark from CNBC.

The CCI has been investigating complaints made by an alliance of Indian startups and Tinder-owner Match Group that accuse Apple of “abusive conduct” which forces builders to pay excessive commissions for in-app purchases.

Apple denied the costs.

The CCI’s closing verdict remains to be pending nevertheless it mentioned its “prima facie view [is] that obligatory use of Apple’s IAP for paid apps & in-app purchases limit the selection accessible to the app builders to pick out a cost processing system of their selection”, in an order in December 2021.

Apple recorded its highest-ever quarterly shipments in India of 5 million items within the third quarter of 2025, in keeping with knowledge from IDC.

The corporate is anticipated to promote about 15 million iPhones this yr in India and will rank amongst high 5 smartphone corporations there, Navkendar Singh affiliate vp with IDC India mentioned on CNBC’s “Inside India” on Nov. 18.

Apple is among the many world corporations who’re diversifying their manufacturing provide chain from China to India. In 2024, Apple exports from India hit a file of $12.8 billion, rising at greater than 42% from yr in the past.



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