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That does not matter. The fines will apply over global revenue and not just G' revenue in India.

• ZoF 13y ago
  Do have a source for that, because it would make very little sense and seems highly unenforceable.
  • rmbe 13y ago
    India is a sovereign country, their laws don't need to make sense. EU antitrust fines are also capped at 10% of the total turnover. http://ec.europa.eu/competition/cartels/overview/factsheet_fines_en.pdf http://ec.europa.eu/competition/cartels/overview/factsheet_f...
    • r0h1n 13y ago
      I will grant you your first point if you can point me to a specific Indian law that says cartelization fines are a function of a multinational's global sales? As to your link on EU fines, it very clearly states that fines are a percentage of "relevant sales", defined as "usually the sales of the products covered by the infringement". I don't know how you came to the conclusion that means global sales?