US EditionApple 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.
288 Articles
288 Articles
Apple gets fined nearly $2 billion by the EU for hindering music streaming competition - Hawaii Tribune-Herald
LONDON — The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for unfairly favoring its own music streaming service by forbidding rivals like Spotify from telling users how they could pay for cheaper subscriptions outside of iPhone apps.
Apple has been fined $2 billion by European Union for antitrust policy
The European Union (EU) has imposed a $2 billion fine on Apple for breaching antitrust policies. The EU alleges that Apple prohibited app developers from fully informing iOS users about more affordable music subscription services.The penalty arises from an antitrust complaint lodged by Spotify against Apple in 2019. Spotify contended that Apple served as a gatekeeper by controlling significant platforms such as the App Store. The investigation f…
European Commission hits Apple with $2bln antitrust fine after Spotify complaint - La Prensa Latina Media
Brussels, Mar 4 (EFE).- United States tech giant Apple has been fined 1.84 billion euros (2 billion US dollars) by the European Commission for restricting music streaming competitors such as Spotify on its App Store, the EC announced on Monday. According to the ruling,”for a decade, Apple abused its dominant position in the market for the distribution of music streaming apps through the App Store… by restricting developers from informing consume…
The European Commission fined Apple 1.8 billion euros for prohibiting developers from telling users about other ways of payment outside the App Store.
The European Commission fined Apple 1.8 billion euros for preventing app developers from telling users about other ways to pay outside the App Store, according to Bloomberg.
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