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EU Slams 1.8 Euros Fine on Apple for Curbs on Spotify

CIO Insider Team | Wednesday, 22 May, 2024
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For hampering fair competition from renowned music streaming companies, Spotify Technology SA, Apple has been put under a fine payment of 1.8 billion euros ($1.9 billion or RM9.19 billion) by the European Union (EU).

Under its anti-Apple campaign, the tech giant told to halt its action of forbidding music streaming apps on making customers know of better offers available outside the App Store.

The music streaming platform filed a lawsuit less than a decade ago over having been made to grow the monthly membership price to cover costs related to Apple’s monopoly on the App Store's operations, the cause that led to the investigation.

The EU’s antitrust wing, the European Commission, has made public about its preparedness to defend any court ruling.

Additionally, a disagreement about an Irish aid prompted the EU authority to slam the tech giant with a record 13 billion euros tax bill.

This sparked yet another legal battle between the tech giant and the regulator.

Apple triumphed in the first round and the final result is yet to be known.

On the other hand, the EU’s competition commissioner, Margrethe Vestager has been on the run to prevent Silicon Valley companies' dominance.

These measures include fines and new legislation, such as the Digital Markets Act.

Under its anti-Apple campaign, the tech giant told to halt its action of forbidding music streaming apps on making customers know of better offers available outside the App Store.

A number of dos and don'ts are outlined in the new regulations for some of the biggest internet companies in the world.

Apple has been obliged to restructure its iOS, Safari, and App Store offerings in the EU in order to comply with the regulations.

Apple has filed other judicial lawsuits opposing the rule.



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