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Apple-Spotify case: EU slaps nearly $2 billion fine on tech giant
Economic Times
ยท
1y ago
Medial
Apple has been fined over 1.8 billion euros ($1.95 billion) by the EU for impeding music streaming services like Spotify from informing users about payment options outside of the App Store. The European Commission found that Apple's restrictions constituted unfair trading conditions, marking the first antitrust fine against the tech giant. Apple plans to challenge the decision in court, stating that there is no evidence of consumer harm. This ruling aligns with the upcoming Digital Markets Act, which requires Apple to remove App Store restrictions. Despite the fine, it is significantly lower than previous penalties imposed on Google by the EU.
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Apple fined $2 billion by EU for using App Store to thwart competition
Livemint
ยท
1y ago
Medial
The European Union (EU) has fined Apple nearly $2 billion for anti-competitive practices related to the App Store. The EU found that Apple prevented app developers from informing iOS users about alternative and cheaper music subscription services outside the app, violating antitrust rules. This resulted in higher prices for music streaming subscriptions. The fine comes after a complaint from Spotify several years ago. The EU has been actively targeting big tech companies, imposing fines on Google and investigating Apple's mobile payments service. The fine coincides with the implementation of new EU rules aimed at preventing tech companies from dominating digital markets.
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Apple Fined $2 Billion as Europe Sides With Spotify
Wired
ยท
1y ago
Medial
Apple has been fined $2 billion by the European Commission for its rivalry with Spotify. The two companies have been in conflict for years, with Spotify accusing Apple of using its dominance to stifle innovation. Spotify filed a complaint in 2019, challenging the restrictions and fees Apple places on developers listing their apps in the App Store. The commission agreed, stating that Apple's restrictions on music streaming companies amounted to unfair trading conditions, resulting in higher prices for consumers. The fine is one of the largest issued against a tech company by the EU.
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Apple to be fined over $500 million under EU antitrust law
The Verge
ยท
1y ago
Medial
Apple is facing a potential โฌ500 million ($539 million) fine from EU regulators following an investigation into a complaint filed by Spotify. The complaint alleges that Apple's policies restrict competition by preventing iPhone apps from informing users about cheaper alternatives to Apple Music. While the fine may seem substantial, it is significantly smaller than the proposed $40 billion penalty initially considered by the EU. Apple has appealed previous fines and maintains that the case has no merit.
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Apple to be hit by EU antitrust order in fight with Spotify
Economic Times
ยท
1y ago
Medial
Apple could face an EU antitrust order over its dispute with Spotify. The European Commission is expected to issue a preliminary finding stating that Apple violated competition law with its App Store rules. This could lead to a potential fine and a requirement for Apple to change its business practices. Spotify has accused Apple of unfair treatment, claiming that the tech giant gives preferential treatment to its own music streaming service, Apple Music.
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EU set to fine Apple in Spotify music streaming case
Economic Times
ยท
1y ago
Medial
Apple is reportedly facing a fine of around โฌ500 million ($543 million) from the European Union (EU) in an antitrust case related to its music streaming service. The European Commission accuses Apple of restricting competition by preventing Spotify and other music streaming companies from informing users about alternatives to the App Store. Additionally, the EU will likely require Apple to cease such practices, in line with the forthcoming Digital Markets Act. This fine is much smaller compared to previous penalties imposed on Google, while the EU is also examining Apple's decision to remove home screen web apps in compliance with the new regulations.
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Apple hit with first ever EU fine following Spotify complaint
The Verge
ยท
1y ago
Medial
Apple has been fined โฌ1.84 billion ($2 billion) by the European Union (EU) over antitrust violations related to its App Store rules. The EU Commission found that Apple prevented music streaming app developers from informing iOS users about cheaper subscription services outside of its app store. The Commission also accused Apple of restricting app providers from sharing instructions on subscribing to alternative offers. Apple plans to appeal the decision, while Spotify, which filed the initial complaint, applauded the fine. The decision precedes Apple's upcoming changes to iPhone app distribution rules enforced by the EU's Digital Markets Act.
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EU regulators assess Apple's plan for complying with music streaming order
Economic Times
ยท
1y ago
Medial
The European Union's antitrust regulators are examining whether Apple's proposal to allow Spotify and other music streaming services to inform users about alternative payment options outside of its App Store meets their requirements. Apple could face antitrust charges and additional fines if its proposal does not satisfy the European Commission, which recently issued a 1.84 billion euro ($2 billion) fine along with the order. The proposal allows services like Spotify to include links to their websites for purchasing digital goods or services, but these links carry a 27% fee to Apple. Spotify has expressed frustration at Apple's delay in complying with the EU order.
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Apple plans to appeal European Commission's massive antitrust fine favoring Spotify
TechCrunch
ยท
1y ago
Medial
Apple plans to appeal the โฌ1.84 billion fine issued by the European Commission over anticompetitive practices in the streaming music market. The tech giant accuses Spotify of being the primary advocate and beneficiary of the EC's decision, citing its 56% market share in Europe. Apple argues that Spotify wants to take advantage of Apple's tools and technologies, distribute on the App Store, and benefit from user trust without paying for it. While Apple respects the decision, it believes the facts don't support it and will appeal. They emphasize their commitment to providing a safe and innovative App Store experience.
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A look at how European regulators are cracking down on Big Tech
Economic Times
ยท
1y ago
Medial
European regulators have taken several actions against Big Tech companies to ensure fair competition and prevent monopolistic practices. These actions include a $2 billion EU antitrust fine imposed on Apple for hindering payment options for music streaming services outside its App Store. Google also faced a 2.42 billion euro EU antitrust fine, and there are discussions about requiring it to divest part of its adtech business. Additionally, Microsoft's investment in OpenAI is being scrutinized for potential violation of EU merger rules. Similar investigations and probes have taken place in the UK, France, Germany, Italy, and the Netherlands.
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EU antitrust chief Vestager to hold news conference, Apple in focus
Economic Times
ยท
1y ago
Medial
The European Union's antitrust chief, Margrethe Vestager, is scheduled to hold a press conference to discuss a competition case. While the specifics have not been disclosed, it is expected that she will announce a fine and require Apple to allow music streaming services, such as Spotify, to inform users about alternative options outside of Apple's App Store. This case stems from Spotify's complaint to the EU antitrust regulator in 2019.
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