Apple to Hand India Financials to CCI as Four-Year App Store Antitrust Probe Nears Climax
Apple has agreed to submit India-specific financials to the Competition Commission of India by June 25, advancing a four-year antitrust probe into App Store billing dominance. A penalty looms tied to local turnover, even as iPhone holds just 9% of India smartphone share in Q3 FY25 against a $38 billion market.
What happened
Apple agreed to submit India-specific financials to CCI by June 25 in a four-year antitrust probe over App Store billing dominance. Potential penalty looms;
Key facts
- $38 billion
- $113 million
- 9%
- 7%
Why this matters
The CCI ruling could reshape app distribution and billing terms across India, opening partnership and acquisition windows in alternative payments, sideloading infrastructure, and developer monetization tools.