EU slaps Apple with $2B antitrust fine after App Store complaint from Spotify

European Union regulators slapped Apple with a whopping €1.8 billion ($2 billion) antitrust fine on Monday for “abusing a dominant position” in the music streaming industry through its App Store practices.The European Commission determined that Apple has illegally restricted music app developers from advertising cheaper ways to subscribe to their streaming services outside the App Store – where the Cupertino, Calif.-based firm is known to charge fees of up to 30% on downloads.The massive penalty is the firs ...