Apple approaches Delhi HC against amendment allowing CCI to impose penalties based on global turnover

NEW DELHI: US tech giant Apple has approached the Delhi High Court challenging an amendment to the Competition Act, 2002, which allows the Competition Commission of India (CCI) to impose penalties based on a company’s global turnover.

Apple has contested the amendment to Section 27(b) of the Act and the 2024 monetary penalty guidelines. Under Section 27(b), companies found guilty of abusing their dominant position or violating competition rules can be fined up to 10% of their average global turnover for the past three financial years.