Skip to main content

Apple Reportedly Agrees to Hand Over India-Specific Financial Data to CCI in Years-Long Antitrust Case


Apple has reportedly agreed to hand over financial details about its India operations to the Competition Commission of India (CCI). This marks a notable step in the regulator's ongoing antitrust investigation of the company's business practices in India. The CCI has alleged that Apple abused its dominant position in the iOS ecosystem and App Store. The years-long case is significant for Apple, as India is one of the fastest-growing markets for the Cupertino-based company . This comes at a time when Apple is ramping up the production of iPhone models in India as it plans to reduce its reliance on China.

CCI Order Reveals Apple's Decision to Submit Financial Information

Citing a Competition Commission of India (CCI) order, Reuters reports that Apple has agreed to submit the financials of its India ‌business to the antitrust body, as part of an investigation that found the US firm abused its market position. The Cupertino-based tech company reportedly agreed to supply its India financials, which the watchdog typically needs for penalty calculations.

Apple's lawyer reportedly asked the CCI at a May 21 hearing for a "final extension" until June 25 to ​file its "India-specific financial information", and "the commission considered the request and granted" it. The case is considered critical for Apple, as the country is a key growth market where it has expanded production. The company's iPhone models account for nine percent ​of India's smartphone market, as per Counterpoint Research data.

CCI in an investigation in 2024 found that Apple may have abused its dominant position in the iPhone app market through its App Store practices. However, the company has denied these allegations and challenged the findings. The company initially refused to disclose its financial details, saying that the CCI was seeking global financial data and that it could lead to a fine of up to $38 billion (roughly Rs. 3,53,784 crore) under India's new antitrust law. This law lets the watchdog fine based on global revenue rather than Indian turnover.

Apple has also sought to challenge this law in court and argued that the antitrust proceedings should be paused until that challenge is resolved. The CCI rejected Apple's position, maintaining that it only required Apple's India-specific business details, and accused the company of using parallel legal proceedings to delay the investigation. A judge reportedly directed Apple to cooperate, after which the company agreed to provide the requested India financial information.

The case was filed by the Match Group and the Alliance ​of Digital India Foundation (ADIF) in 2021. The ADIF alleged Apple's proprietary in-app billing ​system, among other ⁠issues.

Comments

Popular posts from this blog

Redmi Note 15 Pro 5G, Redmi Note 15 Pro+ 5G Launching Today: Know Price in India, Features, Specifications and More

Redmi Note 15 Pro 5G and Note 15 Pro+ 5G are all set to launch in India today. The new Redmi Note series smartphones are already available in global markets and will go on sale via Amazon. Ahead of the launch, the Chinese electronics giant has revealed several details about the smartphones. The company recently announced that the lineup features 200-megapixel rear camera units and 6.83-inch AMOLED displays. The Redmi Note 15 Pro 5G runs on a MediaTek chipset, while the Redmi Note 15 Pro+ 5G has a Snapdragon chipset under the hood. Read on for a comprehensive overview of the Redmi Note 15 Pro 5G and Redmi Note 15 Pro+ 5G, their expected prices in India, features, and detailed specifications. Redmi Note 15 Pro Series India Launch Details The launch of Redmi Note 15 Pro series will take place at 11:00am IST on Thursday. For a few days, the Xiaomi sub-brand has been teasing the lineup through its social media channels and a dedicated microsite on its website. Amazon has also created a dedi...

Apple Reaches 2.5 Billion Active Devices Worldwide as India Becomes a Key Growth Market

Apple's ecosystem now includes about 2.5 billion active devices around the world, according to CEO Tim Cook. During its recent earnings call, the Apple executive revealed the Cupertino-based tech giant's breadth of reach across iPhone, iPad, Mac, Apple Watch, and other products. It is seen as a new milestone for the company and reflects sustained demand for its hardware, especially the iPhone, in the last quarter, which was described as “staggering”. Apple's Earnings Call Revelations The 2.5 billion figure for active devices marks a significant milestone for Apple's ecosystem, Tim Cook said while revealing the company's fiscal 2026 first-quarter financial results (via CNBC). Previously, the company recorded 2.35 billion active devices in January 2025, up from 2.2 billion active devices in 2024. This translates to roughly 150,000,000 new devices added to Apple's active install base between 2024–2025 and 2025–2026. The figure includes key Apple products like iPhon...

Vivo S50t Vitality Edition Launched With Snapdragon 8s Gen 3 SoC, 50-Megapixel Periscope Camera

Vivo S50t Vitality Edition has been launched in China as the latest addition to the company's S50 lineup. The handset sports a 6.59-inch AMOLED display with a 120Hz refresh rate. It is powered by Qualcomm's Snapdragon 8s Gen 3 chipset, coupled with up to 16GB of RAM and up to 512GB of onboard storage. Optics are headlined by a 50-megapixel periscope telephoto camera. The Vivo S50t Vitality Edition packs a 6,500mAh battery. Vivo S50t Vitality Edition Price, Availability The price of the Vivo S50t Vitality Edition starts at CNY 3,299 (roughly Rs. 46,700) for the 12GB RAM and 256GB onboard storage variant, while the 12GB + 512GB variant costs CNY 3,699 (roughly Rs. 52,300). It is also offered in a 16GB + 512GB variant, priced at CNY 3,999 (roughly Rs. 56,600). The Vivo S50t Vitality Edition can be purchased in Space Black, Inspiration Purple, Confession White, and Serene Blue (translated from Chinese) colour options via the Vivo online store in China. Vivo S50t Vitality Edition Fe...