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Apple to submit its Indian financials to competition watchdog

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Apple to submit its Indian financials to competition watchdog

The case is Apple's biggest regulatory challenge in India, a key growth market where it has rapidly expanded iPhone production. The iPhone now holds 9% of India's smartphone market, up from about 2% five years ago, according to Counterpoint Research data. The CCI's investigation found in 2024 that Apple exploited its dominant position in the iPhone apps market. Apple has…

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