EU hits Apple with nearly $2B antitrust penalty over streaming
Headline from Arkansas Democrat-Gazette
LONDON -- The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for breaking the bloc
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The EU Commission said that it had found that Apple violated antitrust regulations by unfairly favoring its own music streaming service. Apple said that Spotify is the biggest beneficiary of the decision.
The European Commission, the European Union’s executive arm, on Monday hit Apple with a 1.8 billion euro ($1.95 billion) antitrust fine. The Commission said...
The European Union has fined Apple nearly $2 billion for breaking competition laws by unfairly favoring its own music streaming service over rivals. The move Monday is the 27-nation bloc’s first-ever antitrust penalty against the U.S. tech giant.
The EU Commission says Apple violated antitrust regulations by unfairly favoring its own service. Apple claim Spotify is the biggest beneficiary of the ruling.
The European Commission has fined Apple €1.8 billion, or approximately $1.95 million, for allegedly abusing its market dominance in music streaming app distribution to prevent developers from promoting cheaper services outside the app.
The European Union has fined Apple nearly $2 billion by forbidding rivals like Spotify from telling users how they could pay for cheaper subscriptions outside of iPhone apps. Monday's move
The European Commission says Apple broke EU antitrust laws by not allowing fair competition with other music streaming apps. The commission slapped the tech giant with a €1.8 billion fine. Apple says it will appeal.
The European Commission on Monday said Apple’s conduct may have led to iOS users paying “significantly higher" prices for music streaming subscriptions.
The EU on Monday hit Apple with a 1.8 billion-euro-fine ($1.9 billion) for violating the bloc's laws by preventing music streaming services from informing users about subscription options outside of…
By Anna Cooban, CNN London (CNN) — The European Union has fined Apple €1.84 billion ($2 billion) for breaking its competition laws. The bloc announced Monday that it was imposing the fine on Apple (AAPL) — its first-ever antitrust penalty on the US tech giant — for preventing rival music streaming s…
