Apple is facing a potential $38 billion fine in an antitrust case in India after refusing to share financial data with the Competition Commission of India.
The case centers on Apple’s App Store practices, with regulators accusing the company of abusing its market position. Apple denies wrongdoing and argues it isn’t dominant due to Android’s larger share, but authorities still consider the iPhone ecosystem significant.
The regulator has fast-tracked proceedings, with a final hearing set for May 21. If Apple continues not to cooperate, it could lose the chance to challenge the size of the fine.
Source: 9to5Mac