"Spotify Set to Introduce In-App Purchases for EU iPhone Users Amid Regulatory Changes"
TL;DR Summary
Spotify is preparing to implement in-app purchases if Apple complies with the Digital Markets Act, a 2022 EU law that aims to curb anticompetitive practices by tech giants like Apple. The law prohibits gatekeeper services from charging fees for apps to promote their own products and subscriptions or requiring specific payment processors. Spotify hopes to revamp its app to allow full in-app payment functionality, which could benefit its premium subscription, audiobooks, and podcasting verticals. The enforcement of this law could lead to a more competitive space in the tech industry.
- Spotify plans to launch in-app purchases, if Apple gets out of the way The Verge
- Spotify to begin in-app sales on iPhone in Europe after new EU law requires Apple to allow it CNBC
- Spotify will launch its own in-app payment system for iOS users in the EU Engadget
- Spotify stock rises as new EU reg enables in-app purchases on iPhones (NYSE:SPOT) Seeking Alpha
- Spotify teases in-app purchases for EU iPhone users ahead of incoming DMA regulation TechCrunch
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