Apple battles EU’s €1.8 billion antitrust fine
EU Competition Commissioner is imposing stricter restrictions on tech giants through regulatory actions and fines, including the Digital Markets Act. Consequently, Apple has had to modify its services, including iOS, Safari, and the App Store, in the EU, which potentially also affects its business model and market offering worldwide.
Apple is contesting the €1.8 billion fine imposed by the European Commission, alleging anti-competitive practices against music-streaming competitors, including Spotify. The company has lodged a lawsuit with the EU’s General Court to overturn the ruling, which had also instructed Apple to allow music-streaming apps to notify users of more affordable alternatives outside its App Store.
In a statement released in March, Apple had already declared its intention of contesting the decision stating that the ruling disregards the lack of credible proof of consumer harm and overlooks a flourishing and competitive market.
Why does this matter?
EU Competition Commissioner is imposing stricter restrictions on tech giants through regulatory actions and fines, including the Digital Markets Act. Consequently, Apple has had to modify its services, including iOS, Safari, and the App Store, in the EU, which potentially also affects its business model and market offering worldwide.
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