New Delhi, Nov. 27 -- Apple's 545-page petition to the Delhi High Court on 26 November, which Mint has reviewed, brings into sharp focus a 2023 amendment to India's Competition Act, 2002, that allows the Competition Commission of India (CCI) to impose penalties based on a company's global turnover.

The amendment dramatically increases the stakes for multinational technology firms, as fines calculated on global turnover can run into tens of billions of dollars. Apple, for instance, faces a potential fine of nearly $38 billion if found guilty of abusing its market dominance in India.

Unsurprisingly, the company has approached the court, calling the law "arbitrary, unconstitutional, grossly disproportionate, unjust". Apple's Constitutional...