Apple may face EU antitrust penalties of 500 million euros
Hawk_Finance
2024-02-20 17:49:37
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According to media reports, the European Commission is expected to impose a fine of about 500 million euros on Apple in the United States for anti-competitive conduct in the music streaming service, in violation of EU anti-monopoly regulations.。The EU is expected to announce the penalty decision early next month.。It is reported that streaming company Spotify has previously complained to EU regulators about Apple, accusing it of banning all types of apps from notifying customers of the existence of other cheaper subscription music services outside the Apple App Store.。The EU then launched an investigation into whether Apple had anti-competitive practices.。
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