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Spotify CEO Daniel Ek says Apple's new App Store changes are a 'new low'

Spotify chief executive Daniel Ek said Apple's new changes to its App Store in the EU are a "masterclass in distortion."

That puts an app like Spotify — which Ek said has more than 100 million downloads in the EU — in an "untenable situation" because it drastically increasesthe cost of acquiring new customers. For its part, Apple said in a statement that it seeks to support developers, including Spotify, which it acknowledged as the world's "most successful" music streaming app. While Apple's tight hold over the iOS ecosystem has helped it reap billions in revenue, it has also caused it to run afoul of regulators who believe its tactics stifle innovation and suppress new entrants.

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