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Apple Fined $2B In Spotify Music Streaming Case
AppleApple(US:AAPL) Deadline·2024-03-04 13:08

Apple has been fined €1.8B ($1.95B) for breaking antitrust rules in Europe over music streaming. The EU’s European Commission issued the heavy penalty, Apple’s first ever of its kind, after ruling the tech giant had prevented the likes of Spotify from informing consumers about “alternative and cheaper music subscription services” outside of the App Store. The EC said this amounted to Apple “abusing its dominant position” — effectively restricting Apple handset users using its operating system (iOS) to its ...