London— The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for breaking the bloc's competition laws by unfairly favoring its own music streaming service over those of competitors. Apple banned app developers fr...
Apple Fined Nearly $2 Billion in EU Music Streaming Antitrust Case Brought by Spotify The European Commission ruled Apple restricted app developers and kept users from "alternative and cheaper music subscription services" Streaming Wars By Jon Blistein ...
Apple fined $2 billion by EU The tech giant will pay $1.95 billion for preventing companies from promoting alternative products outside its app store, the European Union antitrust regulator said. March 5, 2024 Additional Live Streams Live ABC News Live Live Red flag warning in effort for ...
Apple has been fined more than 1.8 billion euros by European Union antitrust regulators and told to allow external links in apps so users can sign up for services on developers’ websites.
Apple was fined over its streaming service. Photo: Getty Images LONDON (AP) — The European Union leveled its first antitrust penalty against Apple on Tuesday, fining the U.S. tech giant nearly $2 billion for breaking the bloc’s competition laws by unfairly favoring its own music streaming...
The EU in 2024 fined Apple $2 billion for anticompetitive behavior against third-party music services, and if Apple is fined over DMA non-compliance, the fee could be higher. Under the DMA, the European Union is able to fine Apple up to 10 percent of its global annual sales. Back in ...
Putting its money where its mouth is, the Commission fined the Cupertino company a massive €1.8 billion, or approximately $1.95 billion, a decision Apple plans to appeal. The fine is “necessary to achieve deterrence”, notes theruling. ...
The EU recently fined Apple around $2 billion (1.8 billion euros) for "abusive App store rules." Apple (AAPL) will allow users in theEuropean Union (EU)to download iOS apps directly from developers' websites, bypassing the App Store and its associated fees, the iPhone ...
On originally announcing the audiobook probe, the EU said that it was similar to Spotify's complaint over Apple's handling of music streaming. That complaint ultimately led to Apple being finedaround $2 billion. Watch the Latest from AppleInsider TV ...
On March 4th local time, technology giant Apple was fined 1.8 billion euros (approximately 14 billion yuan) by EU regulatory authorities for preventing music streaming platforms such as Spotify from providing users with more favorable subscription services outside of the Apple App Store. ...