Apple is challenging a new Indian antitrust law that would let regulators calculate penalties based on global revenue -- a change that could expose the company to a fine of roughly $38 billion in its dispute with Tinder owner Match. The 2022 antitrust case centers on accusations that Apple abused it...

Apple is fighting an antitrust penalty law in India that could require it to pay massive fines in its ongoing antitrust dispute with Tinder owner Match, reports Reuters. Last year, India passed a law that allows the Competition Commission of India (CCI) to use global turnover when calculating penalties imposed on companies for abusing market dominance.