India's CCI Slams Apple Data Withhold, Sets May 21 Antitrust Hearing
India’s Competition Commission (CCI) has set a final antitrust hearing against Apple for May 21, 2026, after noting the company withheld financial data since October 2024 and rejecting its bid to pause proceedings. The probe, opened in 2021, found Apple abused dominance in the iPhone apps market; CCI's April 8 order gave Apple two more weeks to respond, warning non-submission limits penalty defenses. Apple denies wrongdoing but flags potential $38 billion fines using global turnover, raising stakes in India where iPhone share reached ~9% from 4% two years ago, pressuring AAPL shares.