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.
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 Apple to fines up to USD 38 billion and reshaping in-app payment rules in India.
Why this matters
Apple recently conceded to CCI demands to share India financials in the App Store antitrust probe. The June 2026 deadline now formalizes that concession and quantifies the $38B downside risk.
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