XM does not provide services to residents of the United States of America.

India orders unusual recall of reports on Apple antitrust probe



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>EXCLUSIVE-India orders unusual recall of reports on Apple antitrust probe</title></head><body>

Adds details; paragraphs 2-9

By Aditya Kalra

NEW DELHI, Aug 13 (Reuters) -India's antitrust body has ordered an unusual recall of its investigation reports that found Apple in breach of competition laws, after the U.S. giant complained its commercial secrets were disclosed to opponents, including Tinder-owner Match.

The move will prolong a procedure begun in 2021 and already marred by delays.

In an Aug.7 confidential order that is being reported for the first time by Reuters, the antitrust body has asked all Apple's opponents in the case to return the investigation reports to the watchdog.

"It is imperative that such information be maintained confidential, ensuring that no unauthorised disclosure occurs," the watchdog, the CCI, said in a four-page order signed by its top four officials.

The order did not say what confidential information Apple was concerned about.

In July, Reuters reported that two reports by the antitrust investigations unit in 2022 and 2024 found Apple had exploited its dominant position in the market for app stores on its iOS operating system.

Among those now asked to return the reports are Match MTCH.O and Indian startup group ADIF, which represents financial giant Paytm PAYT.NS.

The order follows Apple's private complaint to the CCI that versions of reports shared with parties disclosed "Apple's confidential commercial sensitive information" adding that the watchdog must "recall and withdraw" them, the order showed.

Apple and Match declined to comment. The watchdog, the Competition Commission of India, and the Indian startup group ADIF, did not respond to requests for comment.




Reporting by Aditya Kalra; Editing by Clarence Fernandez

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.