$38 billion question: Delhi HC to take up Apple’s plea against CCI global turnover penalty rule on Monday

A division bench of the Delhi High Court comprising Chief Justice Devendra Kumar Upadhyaya and Justice Tushar Rao Gedela will on Monday take up Apple’s petition challenging amendments to the Competition Act. The changes empower antitrust regulator Competition Commission of India (CCI) to impose penalties on a company for violations based on its global turnover.

Apple said it could face fines of up to $38 billion or about 10% of its average global turnover over the past three financial years if the provision applies to its ongoing App Store antitrust probe.