"EU to Impose €500 Million Fine on Apple in Antitrust Probe"

Apple is set to face a near €500 million fine from the European Union over allegations of stifling music-streaming rivals, including Spotify, on its platforms. The EU found that Apple violated competition rules by preventing rival music services from informing users about cheaper alternatives outside of its App Store. Additionally, Apple is expected to have its settlement proposal accepted in the EU's investigation into its tap-and-pay tech, following concerns about restricting access to the technology. EU competition chief Margrethe Vestager aims to dismantle Big Tech's dominance in the bloc, with the enforcement of the Digital Markets Act set to come into play on March 7.