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Apple hit with nearly $2B antitrust EU fine
AppleApple(US:AAPL) Fox Business·2024-03-04 22:40

European regulators hit Apple with a nearly $2 billion antitrust fine on Monday for "abusive" App Store rules related to music streaming providers. The European Commission said it found that Apple banned music streaming app developers from fully informing iOS users about alternate and cheaper music subscription services."For a decade, Apple abused its dominant position in the market for the distribution of music streaming apps through the App Store," EU antitrust chief Margrethe Vestager said in a statement ...