📰 Apple faces record antitrust fine

🇮🇳 India’s regulator (CCI) may fine Apple up to $38B after the company ignored requests to disclose financials since October. Claims include App Store monopoly and forcing its payment system. The fine could be based on global revenue.

😤 Apple argues its 9% market share in India means it’s not a monopoly and is challenging the case in court.

👨‍⚖️ Less than two weeks left to submit documents. Final hearing: May 21. Experts doubt the maximum fine will be imposed.

#AppleInc #AppStore @DailyApple