Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter
Mercato:
24h Vol:
Cryptocurrencies: 16063
Mercata: 116328
CoinsValue.net logo CoinsValue.net logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
Mercato
24h Vol
16063
Cryptocurrencies
58.48%
Bitcoin Condividere
Cryptopolitan 2025-11-26 21:40:01

Apple challenges new Indian rule that lets the CCI fine firms based on global turnover

Apple challenges new Indian rule that lets the CCI fine firms based on global turnover

Apple has challenged India’s amended penalty laws, arguing that the country’s regulators have no jurisdiction over global revenues. India has amended its penalty laws and now allows fines of up to 10% of a company’s global turnover, as against the standard penalty levied against domestic or product-specific revenue. Court challenges India’s global turnover penalty law Apple has filed a petition with the Delhi High Court challenging a recent change to the Competition Commission of India’s (CCI) penalty rules. Under the amended law, which was introduced via changes to the Competition Act, 2002, and the associated 2024 guidelines, the CCI can calculate fines based on a company’s global turnover rather than just its India-specific or product-specific revenue. In its 545-page filing reportedly seen by Reuters, Apple describes applying global turnover to penalties as “arbitrary, unconstitutional, grossly disproportionate, unjust.” The company believes the new law is an overreach under the Indian Constitution. With the 2023 amendment and 2024 guidelines, the CCI can now impose fines up to 10% of a company’s global revenue from all services and products if “relevant turnover” cannot be determined or is deemed insufficient. Apple argued that the CCI lacks jurisdiction over worldwide revenues, especially if the alleged misconduct is confined to its Indian operations. If the courts reject Apple’s challenge, the firm could face a maximum fine of roughly $38 billion, which is about 10% of its average global turnover for fiscal years 2022–2024. The European Commission also allows regulators to fine firms up to 10% of global turnover for competition violations. The hearing is scheduled for December 3. The antitrust dispute Since 2022, the CCI has examined accusations brought by firms, including Match Group (owner of Tinder) and Indian startups that Apple engaged in “abusive conduct” on its iOS app ecosystem. Specifically, the CCI has scrutinized Apple’s policy of disallowing third-party payment processors for in-app purchases, forcing developers to use Apple’s own system with fees of up to 30%. Apple has so far denied any wrongdoing despite having similar cases in Europe, Russia, Germany and Turkey. European Commission regulators recently fined Apple €500 million for violating “anti-steering” rules. They found that Apple’s App Store contract terms prevented developers from offering users cheaper offers outside Apple’s ecosystem. In Russia, Apple paid fines of up to $13.7 million over “anti-steering” allegations in 2022. Russian authorities found its App Store payment restrictions anticompetitive. Legal experts say it may be difficult for Apple to overturn India’s clearly drafted legislative policy. One practitioner stated that the amended law is “clear” regarding CCI’s jurisdiction over global turnovers. Other large technology companies like Google and Meta are also facing charges over dominant and anticompetitive practices. Join a premium crypto trading community free for 30 days - normally $100/mo.

La maggior parte ha letto le notizie

Mercato
24h Vol
58.48%
Bitcoin Condividere
0
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta