EU regulators ruled that the Silicon Valley company had breached the bloc’s tough antitrust laws by imposing “unfair trading conditions” on music streaming providers in its App Store over a 10-year period.
March 04, 2024 at 11:05 AM
3 minute read
The original version of this story was published on Corporate Counsel
The European Commission has hit Apple with a €1.84 billion fine, the third-largest EU antitrust fine in history.
The fine concludes a four-year investigation centered on the impact of Apple’s App Store practices on competition in music streaming, an investigation that was partly launched in response to a 2019 complaint by Spotify, a Swedish rival of Apple Music.
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