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EU Antitrust Probe: Apple Faces $539 Million Fine

1 min read
Source: Engadget
EU Antitrust Probe: Apple Faces $539 Million Fine
Photo: Engadget
TL;DR Summary

The EU is reportedly preparing to fine Apple around $539 million and impose restrictions on its App Store practices for music streaming services, following a 2019 antitrust complaint from Spotify. The European Commission is expected to announce its ruling next month, alleging that Apple violated EU antitrust law and created unfair conditions for its rivals with the App Store's anti-steering obligations.

Topics:business#antitrust-probe#app-store#apple#businesstech#eu#music-streaming
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  1. The EU is reportedly set to hit Apple with a $539 million fine in antitrust probe  Engadget
  2. Apple to be fined over $500 million under EU antitrust law  The Verge
  3. Apple Set to Face Near €500 Million EU Fine in Spotify Row  Bloomberg
  4. EU to hit Apple with $540 million fine over music streaming - FT (NASDAQ:AAPL)  Seeking Alpha
  5. EU poised to fine Apple about $539M over alleged breaches of EU competition law, FT reports  New York Post

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