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Apple fights 1.8 billion euro EU antitrust fine for restrictions onSpotify

by Blitz India Media
May 22, 2024
in News
0
Apple
Team Blitz India

NEW DELHI: Apple Inc. is challenging a Euro 1.8 billion ($1.9 billion) fine levied by the European Union for thwarting fair competition from music-streaming rivals, including Spotify Technology SA.

The iPhone maker has filed a suit at the EU’s General Court in Luxembourg to topple the March decision, according to people familiar with the matter who spoke on condition of anonymity.

The EU’s crackdown on Apple also included an order to stop preventing music-streaming apps from informing users of cheaper deals away from its App Store.

The investigation was sparked by a complaint half a decade ago from Stockholm-based Spotify, which claimed it was forced to ramp up the price of its monthly subscriptions to cover costs associated with Apple’s alleged stranglehold on how the App Store operates.

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