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Apple
has been fined more than €1.8 billion ($1.95 billion) by the European Commission over “abusive App Store rules” for music streaming providers.
“In particular, the Commission found that Apple applied restrictions on app developers preventing them from informing iOS users about alternative and cheaper music subscription services available outside of the app (‘anti-steering provisions’),” according to a statement. “This is illegal under EU antitrust rules.”
Apple has appealed the decision.
“The decision was reached despite the Commission’s failure to uncover any credible evidence of consumer harm, and ignores the realities of a market that is thriving, competitive, and growing fast,” the company said in a release Monday.
“The primary advocate for this decision — and the biggest beneficiary — is Spotify, a company based in Stockholm, Sweden,” Apple continued. “Spotify has the largest music streaming app in the world, and has met with the European Commission more than 65 times during this investigation.”
In a press release Monday, Spotify said, “This decision sends a powerful message—no company, not even a monopoly like Apple, can wield power abusively to control how other companies interact with their customers.”
Apples shares were falling 2.5% to $175.20, while Spotify was up 0.4%.
Write to Emily Dattilo at [email protected]
Read the full article here
