Apple Faces Hefty EU Antitrust Fine Over Music Streaming

Apple Faces Hefty EU Antitrust Fine Over Music Streaming

The European Commission has imposed a significant antitrust fine of €1.8 billion ($1.95 billion) on Apple. This decision comes after an investigation prompted by a complaint from Spotify in 2019, which accused Apple of abusing its dominant market position. The Commission’s findings suggest that Apple restricted app developers from informing iOS users about cheaper music subscription services outside of the App Store. This practice, which lasted nearly a decade, may have led to higher prices for consumers.

ClairViz System

The Regulatory Void

Apple’s response to the fine was robust, asserting that Spotify, the largest music streaming app in Europe, would benefit most from the EU’s decision. Apple credits its App Store for a large part of Spotify’s success, stating that the platform, along with its tools and technology, has significantly contributed to Spotify’s brand recognition.

The fine marks the first antitrust penalty from Brussels against Apple and is one of the largest ever issued to a tech company by the EU. Apple has expressed its intention to appeal the decision, challenging the Commission’s findings and asserting that the market is thriving and competitive.

Kaleidofin: The Online Platform 

Colorado’s Response


The fine marks the first antitrust penalty from Brussels against Apple and is one of the largest ever issued to a tech company by the EU. Apple has expressed its intention to appeal the decision, challenging the Commission’s findings and asserting that the market is thriving and competitive.

EU Commission vice president Margrethe Vestager
This marks the highest level of online sales since February 2022.

LightSpeedAI Labs  

This event underscores the ongoing tension between large tech companies and regulatory bodies over market practices and consumer rights. As the digital landscape continues to evolve, such disputes are likely to become more frequent and prominent.

Source : AP NEWS

You May Also Like

More From Author

+ There are no comments

Add yours