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Apple Hit with €500 Million EU Fine Over Anti-competitive Music Streaming Apple Hit with €500 Million EU Fine Over Anti-competitive Music Streaming
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Apple Hit with €500 Million EU Fine Over Anti-competitive Music Streaming
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Old 20th February 2024, 08:46   #1
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Default Apple Hit with €500 Million EU Fine Over Anti-competitive Music Streaming

Apple has just been hit with a massive €500 million fine by the European Union over a complaint filed by Spotify over anti-competitive practices. The crux of the complaint is that while Spotify subscriptions purchased on its website are competitive to those of Apple Music, subscriptions purchased on Apple devices via the App Store incur a 30% commission to Apple, which would result in Spotify having to increase its subscription prices, making Spotify lose competitiveness to Apple Music, which comes pre-installed on iOS devices, is deeply integrated with the operating system, and costs less. The Spotify complaint was filed with the European Commission way back in 2019, with the ruling coming out just now. Apple is already facing the EU's heat over barriers to App Store alternatives in the Epic Games case. The company is implementing several platform-level changes with the upcoming iOS 17.4 update scheduled for March 2024, as well as changes to its terms of service. Hopefully Spotify gets its due.

https://www.techpowerup.com/319246/a...ness-practices
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