Apple Concedes To CCI On India Financials In App Store Antitrust Probe
Apple has agreed to share India-specific financials with the Competition Commission of India by June 25, clearing a procedural hurdle in the antitrust case over in-app payment dominance. The disclosure paves the way for CCI to size penalties tied to Apple's India revenue.
Apple has agreed to submit India-specific financial data to the CCI by June 25 in the App Store antitrust case, removing a key hurdle as the regulator moves toward determining penalties for alleged abuse of dominance over in-app payments.
Why this matters
Apple has resisted sharing India-specific financials throughout the four-year CCI probe into App Store payment practices. The June 25 concession marks a turning point as the regulator moves toward sizing penalties tied to local revenue.
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