Apple agrees to submit India financials in antitrust case where CCI found iPhone maker abused its market position
Apple has agreed to hand over its local financial data to the Competition Commission of India (CCI), a report has said, adding that the decision comes after a confidential CCI investigation concluded that the iPhone maker had abused its market position regarding the App Store. The move clears a hurdle in the high-profile case, bringing Apple one step closer to a potential penalty decision in one of its most critical global growth markets.
Citing a confidential CCI order, Apple requested a “final extension” during a hearing to compile and submit its “India-specific financial information”.
