ALL >> Legal >> View Article
Apple Moves Delhi Hc To Block Cci Demand For Global Financial Records
Apple has approached the Delhi High Court seeking an order to restrain India’s antitrust regulator from demanding its global financial data amid an ongoing investigation into its App Store practices.
The US-based technology company is embroiled in a high-stakes legal dispute with the Competition Commission of India (CCI), which has accused Apple of abusing its dominant position in the app marketplace -- an allegation the company has firmly denied.
According to court filings, Apple has urged the court to direct the CCI to pause all proceedings and refrain from acting against it at this stage. The request follows a private order issued by the watchdog on December 31, seeking Apple’s financial records.
Apple has challenged the validity of India’s 2024 antitrust penalty rules, arguing that the use of global turnover to calculate fines could expose it to penalties of up to $38 billion. The company contends that being compelled to disclose its financials while this challenge is pending would effectively negate its core legal arguments.
The CCI, for its part, has defended ...
... the penalty framework as essential to deter violations by multinational corporations. Neither Apple nor the regulator responded to requests for comment.
The Delhi High Court is scheduled to hear the matter on January 27.
for more, visit : https://thelawreporters.com/apple-delhi-high-court-cci-global-financial-data
Add Comment
Legal Articles
1. Saskatchewan Immigrant Nominee Program: Your Gateway To Canadian ImmigrationAuthor: Sanjay Yadav
2. Legal Services Bahrain For The Most Wonderful Results
Author: Newton Legal Group
3. The Role Of Dgft Consultants In Helping Businesses Go Global
Author: Exim Consultants
4. Kaden Boriss, Raalc Forge Strategic Alliance To Expand Legal And Corporate Services
Author: The Law Reporters
5. Binance Takes Wall Street Journal To Court Over Defamatory Iran Claims
Author: The Law Reporters
6. Understanding Fdi Regulations Before Setting Up A Business In India
Author: Ahlawat & Associates
7. Certificate Attestation In Dubai, Uae: Complete Guide For Educational, Personal, And Commercial Documents
Author: Prime Global
8. What Default Clauses Really Mean In A Michigan Loan Agreement
Author: Carl Glendon
9. Understanding Lawsuit Funding: How Efunding Michigan Can Help You
Author: Litigation Funding LLC
10. Publishers Move To Shut Down 'shadow' Library Allegedly Fuelling Ai Chatbots
Author: The Law Reporters
11. Returning To Work After A Work Injury In Pennsylvania? Here’s What You Should Know
Author: Anthony Georgelis
12. How Wealth Protection Supports Long-term Family Security
Author: Kamal Solanki
13. Diy Irrevocable Trust Forms: What Can Go Wrong And How To Prevent It
Author: Carl Glendon
14. Iacone Law, P.a. | Asset Protection & Judgement Enforcement
Author: Ronald C. Iacone
15. Choosing The Right Dispute Resolution Lawyer In Bahrain
Author: Newton Legal Group






