Brief by Shorts91 Newsdesk / 01:25pm on 22 Jan 2026,Thursday Business
Apple has requested an Indian court to prevent the Competition Commission of India from seeking its global financial records while it challenges the underlying antitrust law's validity. The US tech giant is embroiled in a high-stakes legal battle with the CCI, whose investigation accused Apple of abusing its position on its app store, allegations Apple denies. Apple fears potential fines up to $38 billion if the watchdog uses its global turnover for penalty calculations. Despite Apple's challenge to India's 2024 penalty rules, the CCI issued a December 31 order demanding financials. Apple's January 15 filing asks Delhi High Court to halt the investigation entirely. The court will hear the matter January 27. (PC: Reuters)
