Apple yields to CCI, will share India financials in App Store antitrust probe
Apple has agreed to disclose India-specific revenue data to the Competition Commission, advancing a 2021 antitrust case toward penalty determination. With ~9% of India's smartphone market—up from 2% five years ago—Apple is contesting a global-turnover-based fine that could theoretically reach $38 billion.
What happened
Apple has agreed to share India-specific financial details with the CCI in an antitrust case over App Store dominance, moving the 2021 investigation closer to
Key facts
- 9% smartphone share
- 2% five years ago
- $38 billion potential penalty
- $113 million Google fine 2022
- 25 June deadline
Why this matters
CCI's precedent on global-turnover penalties for App Store conduct could reshape platform deal terms and developer-revenue-share negotiations across India's mobile ecosystem.