EU Antitrust Probe: Apple Faces $539 Million Fine

Li Nguyen

Apple is potentially facing a considerable fine and App Store restrictions from the EU following claims of anticompetitive behavior towards music streaming services. The European Commission is expected to reveal more details of its ruling next month.

This issue began when Spotify filed an antitrust complaint in 2019, challenging Apple’s App Store regulations. At the time, these rules prevented app developers from guiding users to cheaper subscription options outside the platform due to the 30% fee Apple charged. Although Apple has since eased these restrictions, the European Commission is likely to conclude that Apple violated antitrust regulations and created unfair trading conditions for its competitors.

Share This Article
Avatar photo
By Li Nguyen “TF Emerging Tech”
Background:
Liam ‘Li’ Nguyen is a persona characterized by his deep involvement in the world of emerging technologies and entrepreneurship. With a Master's degree in Computer Science specializing in Artificial Intelligence, Li transitioned from academia to the entrepreneurial world. He co-founded a startup focused on IoT solutions, where he gained invaluable experience in navigating the tech startup ecosystem. His passion lies in exploring and demystifying the latest trends in AI, blockchain, and IoT
Leave a comment