The Strategist

European Commission fines Apple more than €1.8 billion



03/05/2024 - 06:46



According to a press release from the European Commission (EC), Apple Inc. has been fined more than €1.8 billion for abusing its dominant position in the music streaming services market for the iPhone and iPad.



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The watchdog discovered that Apple has been preventing third-party application developers from notifying customers about less expensive music subscription services available outside of the App Store for nearly ten years, in breach of EU antitrust laws.

In 2019, Spotify filed a complaint, prompting the European Commission to look into Apple.

According to sources cited by Financial Times in February, the agency is set to punish the manufacturer of iPads and iPhones by approximately €500 million.

source: ft.com

 




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