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Apple hit with near $2.0 billion fine in EU
AppleApple(US:AAPL) Invezz·2024-03-04 21:02

European Commission just announced a €1.8 billion (1.95billion)fineonAppleInc(NASDAQ:AAPL).SharesoftheiPhonemakerareslightlydowninpremarketonMonday.EU’sfineonApplerelatestomusicstreamingCopylinktosectionThemultinationalhasbeenaccusedofabusingitsdominanceinmusicstreaming.Thenear1.95 billion) fine on Apple Inc (NASDAQ: AAPL). Shares of the iPhone maker are slightly down in premarket on Monday.EU’s fine on Apple relates to music streamingCopy link to sectionThe multinational has been accused of abusing its dominance in music streaming. The near 2.0 billion fine that Brussels imposed on Apple Inc today is one of the biggest ones the European Union has ever inflicted on a technology company.The European Commission had launched the a ...