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Global Business / The Economic Times

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Delhi HC asks GoI, CCI to justify fines on Apple based on global turnover

Apple has challenged the amendment that allows the commission to impose penalties on the basis of a company's global turnover. Its potential penalty at the rate of 10% of the average global turnover for fiscal 2022 to 2024 could be about $38 billion (3.40 lakh crore), the US-based tech giant has told the court.

1 Dec 2025 11:42 pm