They say yes but shake their head at the same time, you still want to go to bed with them. Tell me which Spore companies did make big money in India investments so far? Maybe only SingTel but only after decades with money pumping and pumping in many rounds.
Do business with India and this is what you get. India has set a trap to slaughter this fat sheep.š . Most foreign investments have already left India.
1. The "Lie" of Dominance: 9% vs. 100%
The core of the "fabrication" claim usually centers on the definition of Apple's market power:
ā¢ Appleās Argument: They argue that in India, they are a minority player. With roughly 9% market share (as of 2026), they are dwarfed by the Android ecosystem. They claim they canāt be a "monopoly" if 90% of the country uses someone elseās phone.Ā
ā¢ Indiaās Counter-Argument: The CCI (Competition Commission of India) isn't looking at the smartphone market; they are looking at the iOS market. They argue that once a consumer buys an iPhone, Apple has a 100% monopoly over how that user buys apps and services. By forcing developers to use the Apple billing system and taking a 30% cut, the CCI says Apple is "abusing" its total control over its own "walled garden."Ā
2. The Penalty "Trap": Global vs. Local
The reason this has turned into a multibillion-dollar "story" is a recent change in Indian law.
Until recently, antitrust fines in India were based on local revenue (what a company made in India). However, the 2024 amendment to the Competition Act changed the math. Now, fines can be calculated based on global turnover.
3. The Current "Game of Chicken" (April 2026 Update)
As of this week, the situation has turned into a high-stakes standoff:
ā¢ The Deadline: The CCI has officially set May 21, 2026, for the final hearing.Ā
ā¢ The Data War: The regulator is accusing Apple of "stalling" by refusing to provide audited financial statements for 2022ā2024. Apple is hesitant to hand them over because those very documents would be used to calculate the multibillion-dollar fine they are trying to avoid.Ā
ā¢ The Mixed Message: This is all happening while Apple is rapidly expanding its Indian manufacturing. One side of the Indian government is rolling out the red carpet with tax breaks, while the other side (the CCI) is preparing a massive invoice.
They say yes but shake their head at the same time, you still want to go to bed with them. Tell me which Spore companies did make big money in India investments so far? Maybe only SingTel but only after decades with money pumping and pumping in many rounds.
Do business with India and this is what you get. India has set a trap to slaughter this fat sheep.š . Most foreign investments have already left India.
1. The "Lie" of Dominance: 9% vs. 100%
The core of the "fabrication" claim usually centers on the definition of Apple's market power:
ā¢ Appleās Argument: They argue that in India, they are a minority player. With roughly 9% market share (as of 2026), they are dwarfed by the Android ecosystem. They claim they canāt be a "monopoly" if 90% of the country uses someone elseās phone.Ā
ā¢ Indiaās Counter-Argument: The CCI (Competition Commission of India) isn't looking at the smartphone market; they are looking at the iOS market. They argue that once a consumer buys an iPhone, Apple has a 100% monopoly over how that user buys apps and services. By forcing developers to use the Apple billing system and taking a 30% cut, the CCI says Apple is "abusing" its total control over its own "walled garden."Ā
2. The Penalty "Trap": Global vs. Local
The reason this has turned into a multibillion-dollar "story" is a recent change in Indian law.
Until recently, antitrust fines in India were based on local revenue (what a company made in India). However, the 2024 amendment to the Competition Act changed the math. Now, fines can be calculated based on global turnover.
3. The Current "Game of Chicken" (April 2026 Update)
As of this week, the situation has turned into a high-stakes standoff:
ā¢ The Deadline: The CCI has officially set May 21, 2026, for the final hearing.Ā
ā¢ The Data War: The regulator is accusing Apple of "stalling" by refusing to provide audited financial statements for 2022ā2024. Apple is hesitant to hand them over because those very documents would be used to calculate the multibillion-dollar fine they are trying to avoid.Ā
ā¢ The Mixed Message: This is all happening while Apple is rapidly expanding its Indian manufacturing. One side of the Indian government is rolling out the red carpet with tax breaks, while the other side (the CCI) is preparing a massive invoice.