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Apple is challenging India's anti-trust body over a potential $38 billion fine
CNBCยท 2025-11-27 11:00
The first day of sale of the iPhone 15 smartphone in Mumbai, India, on Sept. 22, 2023.Apple has filed a case in Delhi High Court against the country's anti-trust body because of how it considers global turnover when calculating penalties.The iPhone maker, which is among the fastest growing smart phone brands in India, is challenging India's new antitrust law under which the U.S. company could incur fines of up to $38 billion, according to a report by Reuters.It added it was "unconstitutional, grossly dispro ...