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Apple is legally contesting India's antitrust penalty law, aiming to block proceedings that use global turnover to calculate penalties for market dominance abuse.
Apple disputes a large antitrust fine in India, gains strong iPhone 17 sales in China, and boosts US investment to $600 billion, strengthening its growth outlook.
Apple contests India's antitrust penalty rules on worldwide turnover, risking up to $38 billion fines, while challenging retrospective application amid ongoing investigations.
Apple is challenging India's new antitrust penalty law that could lead to a $38 billion fine based on global turnover, raising regulatory and legal risks for the company amid ongoing market dominance…