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Published 3 months ago

Apple fined nearly $2 billion by the European Union over music streaming competition

  • The EU fined Apple nearly $2 billion for favoring its music streaming service, restricting rivals like Spotify from informing users about cheaper payment options.
  • Apple was accused of behavior impacting millions of consumers over a decade, leading to inflated music streaming prices.
  • The EU's decision is a result of a long-standing feud between Apple and Spotify, with Apple contesting the penalty while Spotify welcoming the fine.
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