Apple bows to CCI, hands over India financials in App Store antitrust probe
Apple has agreed to share India-specific revenue data with the Competition Commission of India, unblocking a stalled antitrust case on App Store dominance and in-app billing. With iPhone share up to 9% from 2% five years ago, a Google-style penalty could reach $38 billion and reshape platform economics in Apple's fastest-growing market.
Apple has agreed to share India-specific financials with CCI in an antitrust case probing App Store dominance and in-app billing practices, moving the long-delayed case closer to a penalty decision in its fast-growing India market.