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    FT – Apple fined €1.8bn for breaking EU law over music streaming

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    By News Desk on March 5, 2024 Business, Business Briefing, News Briefing
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    FT – Apple fined €1.8bn for breaking EU law over music streaming

    Apple has been fined €1.8bn (£1.5bn) by the EU for breaking competition laws over music streaming.

    The firm had prevented streaming services from informing users of payment options outside the Apple app store, the European Commission said.

    Competition commissioner Margrethe Vestager said Apple abused its dominant position in the market for a decade.

    She ordered the US tech giant to remove all the restrictions. Apple has said it will appeal against the decision.

    The European Commission’s decision was triggered by a complaint by Swedish music streaming service Spotify, which was unhappy about the restriction and Apple’s 30% fee..

    Ms Vestager said Apple had restricted “developers from informing consumers about alternative, cheaper music services available outside of the Apple ecosystem”.

    “This is illegal under EU antitrust rules,” she said.

    However, Apple said it would appeal, adding there was no evidence consumers had been harmed.

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