India defends antitrust penalty law in Apple fight

NEW DELHI: A law used to calculate fines on the ‍basis of a company’s global turnover will discourage breaches by multinationals, India’s antitrust watchdog told a court ⁠in opposing Apple’s high-profile challenge to the measure.

In November, Apple asked New Delhi judges to strike down the 2024 law, which could also have implications for global giants such as Pernod Ricard, Publicis, Amazon and other ‌foreign companies facing ‌antitrust scrutiny.