EU Reportedly Set to Fine Apple €500 Million Amid Antitrust Crackdown

Apple €500 Million Amid Antitrust Crackdown

The European Commission is expected to fine Apple approximately €500 million ($539 million) for alleged violations of EU competition law. The charges revolve around accusations that Apple impeded third-party music services and favored its own Apple Music, following a complaint by Spotify in 2019.

1. European Commission set to fine Apple about €500 million over alleged breaches of EU competition law.

2. Investigation initiated after Spotify’s formal complaint in 2019 regarding Apple hindering third-party music services.

3. Focus on whether Apple restricted apps from informing users about cheaper subscription alternatives outside the App Store.

4. Apple was accused of abusing its powerful position and violating EU competition laws regarding music service subscription policies.

5. Fine, if imposed, would be one of the most substantial financial penalties by the EU on a major tech company.

6. Part of a broader EU crackdown preceding the enactment of the Digital Markets Act in March to address anti-competitive practices by tech giants.

7. Apple faces the requirement to allow third-party developers to distribute apps outside the iOS Store under the Digital Markets Act.

8. Apple has already made moves to comply with EU regulations by announcing changes to iOS, Safari, and the App Store.

9. Separate antitrust case investigates how Apple restricts rivals from accessing its Apple Pay mobile system, with concessions made by Apple.

10. Apple has the right to appeal the decision in EU courts and declined to comment on the reported fine.

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