Apple Fights India's Global Turnover Penalty Rule in Court

• India's CCI defends its controversial global turnover penalty rule in Delhi High Court against Apple's challenge.
• CCI argues global turnover deters antitrust violations by multinationals and aligns with EU standards.
• Apple claims the rule could lead to disproportionately large fines, potentially billions, for India-specific conduct.
• CCI rejects Apple's retrospective application claim, stating the amendment clarifies existing law.
• The case, set for a January 27 hearing, has wider implications for firms like Amazon and Publicis.

Why It Matters: India's CCI defends its global turnover penalty rule against Apple's legal challenge, impacting future antitrust enforcement.