New Delhi, Nov. 26 -- The Delhi high court will hear on 3 December the plea filed by Apple Inc. challenging provisions of the updated competition law that allow the Competition Commission of India (CCI) to impose penalties based on a company's global turnover.
The plea was listed for hearing on Wednesday before a division bench led by Chief Justice Devendra Kumar Upadhyaya and Justice Tushar Rao Gedela, but could not be taken up due to paucity of judicial time.
The Union of India and the CCI are respondents in the case.
Apple, in its lawsuit, has contested the 2023 amendment to Section 27(b) of the Competition Act and the 2024 Monetary Penalty Guidelines, which introduced the concept of global turnover for penalty computation.
Under S...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.