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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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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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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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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 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 reveals new details about Spotify's business as possible EU fine nears
TechCrunch
ยท
1y ago
Medial
The European Commission is expected to issue a fine of around โฌ500 million against Apple for allegedly breaking EU law on competition in the streaming music market. In response, Apple has argued that Spotify, which filed the complaint, has not been harmed by any anti-competitive practices and is seeking to gain limitless access to Apple's tools without paying for their value. Apple also provided non-public details about Spotify's business, including the number of downloads and the assistance provided by Apple engineers. Spotify has responded by accusing Apple of favoring its own music service and placing unfair restrictions on competitors.
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Apple fights โฌ1.8 billion EU antitrust fine for curbs on Spotify
Economic Times
ยท
1y ago
Medial
Apple Inc. is appealing a โฌ1.8 billion ($1.9 billion) fine imposed by the European Union for allegedly hindering fair competition among music-streaming rivals, such as Spotify. The iPhone maker has filed a lawsuit at the EU's General Court to contest the decision and challenge the order to stop preventing music-streaming apps from informing users of cheaper deals outside the App Store. The European Commission has expressed its readiness to defend its decisions in court. This comes after previous disputes between Apple and the EU over a record tax bill. Silicon Valley firms face increasing scrutiny from EU competition regulators.
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Apple reportedly faces its first EU antitrust fine
Business Insider
ยท
1y ago
Medial
The European Union is expected to fine Apple approximately 500 million euros ($539 million) for allegedly breaching EU competition rules. The fine is a result of Apple's actions to hinder rival music streaming services from informing users about cheaper alternatives outside of the App Store. The investigation began after Spotify filed a complaint in 2019. Apple recently announced changes to comply with the Digital Markets Act, reducing the commission from 30% to 17%. Spotify CEO, Daniel Ek, criticized the changes, stating they could lead to astronomical fees for popular apps.
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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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EU antitrust chief Margrethe Vestager to hold news conference, Apple in focus
Economic Times
ยท
1y ago
Medial
European Union antitrust chief Margrethe Vestager is scheduled to hold a press conference regarding a competition case, although details have not been provided by the European Commission. Sources close to the matter suggest that Vestager might announce a fine and an order directed towards Apple, instructing the company to allow Spotify and other music streaming services to inform users about alternative options beyond Apple's App Store. The case originated from a complaint lodged by Spotify in 2019.
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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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