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EU Commission fines Apple over €1.8 billion over abusive App store rules for music streaming providers (ec.europa.eu)

submitted 8 months ago by [email protected] to c/[email protected]

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cross-posted from: https://lemmy.world/post/12713988

The European Commission has fined Apple over €1.8 billion for abusing its dominant position on the market for the distribution of music streaming apps to iPhone and iPad users (‘iOS users') through its App Store. 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'). This is illegal under EU antitrust rules.

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[–] [email protected] 2 points 8 months ago

Apple has a market cap or net worth of $2.77 trillion as of March 1, 2024.