Apple Faces Final Hearing in India Antitrust Case Amid Data Withholding
Apple withholds data in India antitrust case, CCI sets final hearing
The Economic TimesImage: The Economic Times
Apple has failed to provide requested financial data to India's Competition Commission (CCI) in an antitrust investigation, leading to a final hearing scheduled for May 21, 2024. The CCI's order indicates a firm stance against Apple's alleged abuse of its dominant position in the iPhone apps market, with potential penalties reaching up to $38 billion.
- 01Apple has not submitted financial data required by the CCI since October 2024.
- 02The CCI has scheduled a final hearing for May 21, 2024, indicating a firm stance against Apple.
- 03Apple could face penalties of up to $38 billion if the CCI uses its global turnover for calculations.
- 04The investigation began in 2021 following complaints from a non-profit group and other companies.
- 05Apple's market share in India has increased to 9%, up from 4% two years ago.
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Apple has not complied with the Competition Commission of India (CCI) by withholding crucial financial data in an antitrust investigation that began in 2021. The CCI's April 8 order reveals that Apple has not submitted the required information since October 2024, citing a separate legal challenge in the Delhi High Court against India's antitrust penalty law. The CCI has set a final hearing for May 21, 2024, signaling a more aggressive approach towards the case. Analysts suggest that if the CCI calculates penalties based on Apple's global turnover, the company could face fines up to $38 billion. This investigation is part of a broader scrutiny of Apple's practices worldwide, particularly regarding its in-app purchase system, which has drawn criticism from various developers and companies, including Tinder-owner Match. Despite Apple's claims of being a small player in the Indian market, its share has grown to 9%, compared to 4% two years ago, according to Counterpoint Research. The CCI has denied Apple's request to pause proceedings, stating that the company is attempting to stall the investigation.
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If the CCI imposes significant penalties on Apple, it could affect the pricing of iPhone apps and services in India, potentially leading to higher costs for consumers.
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