Apple Faces $38B India Antitrust Risk as CCI Demands Local Financials by June 2026
Apple must submit India-specific financials to the Competition Commission of India by June 25, 2026, in an App Store antitrust probe. Penalties tied to global turnover could reach USD 38 billion, potentially upending in-app payment economics as Apple's iPhone share climbs to 9% from 2% five years ago.
What happened
Apple agreed to submit India-specific financials to CCI by June 25, 2026, in an App Store antitrust case. Penalties could be based on global turnover, exposing
Key facts
- June 25 2026 deadline
- USD 38 billion potential fine
- 9% iPhone market share
- up from 2% five years ago
Why this matters
India's CCI precedent on local-financials disclosure opens a template other regulators may copy, so pressure-test any cross-border deal models for App Store revenue durability and emerging-market antitrust contagion.