'Stop delaying or we proceed without you': CCI loses patience with Apple; $38 bn on the line

Published 5 hours ago
Source: timesofindia.indiatimes.com
'Stop delaying or we proceed without you': CCI loses patience with Apple; $38 bn on the line
India's Competition Commission has issued a final warning to Apple, demanding a response within a week or facing proceedings without their input. After over a year of delays and legal challenges against a new penalty framework, the antitrust watchdog's patience has expired. Apple faces a potential $38 billion fine based on global revenue, a rule change it deems unconstitutional.