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Apple faces record $539m fine from EU amid competition probe
Apple could be set to face a massive fine of around $539 million (€500m) from the European Union after an antitrust probe.
As reported by the Financial Times, the issue stems from an antitrust complaint filed by Spotify in 2019, relating to Apple’s anti-competitive App Store functions which hindered third-party music streaming services on its devices. It has been reported it will state Apple has broken EU antitrust laws, enabling “unfair trading conditions” for its rivals with the App Store’s “anti-steering obligations.” It has the right to appeal any upcoming fine in the EU courts but the response to this case will be interesting, given the relevance of the Digital Markets Act rules, set to apply from the beginning of March.
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