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

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Key summary

2 min read
  1. Apple says India’s competition regulator could fine it up to $38 billion after it refused to provide financial data in an App Store antitrust probe.

  2. The Competition Commission of India is moving faster on enforcement, making the case a test of how aggressively regulators can respond to noncompliance.

  3. The dispute could set a major precedent for how India calculates penalties against global tech firms using global turnover and dominance measures.

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