EU fines Apple €1.8bn over App Store restrictions on music streaming

Digital music and audio | The Guardian 2024-03-04

Summary:

Penalty for breaching competition law is four times higher than forecast as Brussels looks to send message to dominant tech firms

Apple has been fined €1.8bn (£1.5bn) by the EU after an investigation found it had limited competition from music streaming services such as Spotify.

The fine is nearly four times higher than expected in a move by the European Commission to show it will act decisively on tech companies who abuse their dominant position in the market for phones and online services.

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Link:

https://www.theguardian.com/business/2024/mar/04/eu-fines-apple-18bn-over-app-store-restrictions-on-music-streaming

From feeds:

Music and Digital Media » Digital music and audio | The Guardian

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Authors:

Lisa O'Carroll and Dan Milmo

Date tagged:

03/04/2024, 08:51

Date published:

03/04/2024, 07:07