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Apple could be fined up to $38 billion by Indian antitrust regulator
Apple faces a final hearing on May 21 with India's antitrust regulator, the Competition Commission of India (CCI), over its refusal to submit financial data. The CCI is investigating Apple for allegedly exploiting its dominant position with the App Store, while Apple argues Android holds a larger market share in India. A potential fine could reach up to $38 billion.