Apple’s attempt to halt an antitrust investigation in India has been rejected by the Competition Commission of India (CCI). The tech giant had sought to pause the proceedings after alleging that the CCI had disclosed confidential information to third parties.
The CCI initiated an investigation into Apple’s business practices in 2021, focusing on the company’s App Store policies and its alleged abuse of its dominant position. The regulator found that Apple had exploited its market dominance to impose unfair terms on app developers and consumers.
Apple has consistently denied any wrongdoing, arguing that it is a relatively small player in the Indian smartphone market, where Android-powered devices dominate. However, the CCI’s findings suggest that Apple’s practices have had a significant impact on the Indian market.
In a recent development, the CCI has ordered Apple to submit its audited financial statements for the past three fiscal years. This move indicates that the regulator may be considering imposing a substantial penalty on the company.
The CCI’s decision to reject Apple’s appeal underscores its commitment to protecting consumer interests and promoting fair competition. The outcome of this case could have far-reaching implications for the tech industry in India and other emerging markets.
