India Withdraws Antitrust Report on Apples Market Dominance

India`s antitrust regulator has dropped its investigation into Apple Inc.`s business practices. The initial investigation found that Apple held significant sway over digital products and services in the Indian market. However, Apple objected to the report, claiming it contained confidential information, leading the regulator to withdraw it. It remains unclear if the investigation will be restarted. This incident reflects the growing global scrutiny tech giants face regarding their market dominance. Apple defends its practices, stating they ensure security and a global platform for developers. While Apple holds a small share of India`s smartphone market, the country is becoming a crucial manufacturing hub for the company.