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Apple fined nearly $2 billion by the European Union over music streaming competition

Apple fined nearly $2 billion by the European Union over music streaming competition
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Apple fined nearly $2 billion by the European Union over music streaming competition
The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for breaking the bloc's competition laws by unfairly favoring its own music streaming service over rivals.Apple banned app developers from "fully informing iOS users about alternative and cheaper music subscription services outside of the app," said the European Commission, the 27-nation bloc바카라 게임 웹사이트s executive arm and top antitrust enforcer.바카라 게임 웹사이트This is illegal, and it has impacted millions of European consumers,바카라 게임 웹사이트 Margrethe Vestager, the EU's competition commissioner, said at a news conference.Apple behaved this way for almost a decade, which meant many users paid 바카라 게임 웹사이트significantly higher prices for music streaming subscriptions,바카라 게임 웹사이트 the commission said.The 1.8 billion-euro fine follows a long-running investigation triggered by a complaint from Swedish streaming service Spotify five years ago.The EU has led global efforts to crack down on Big Tech companies, including a series of multbillion-dollar fines for Google and charging Meta with distorting the online classified ad market. The commission also has opened a separate antitrust investigation into Apple바카라 게임 웹사이트s mobile payments service.Apple hit back at both the commission and Spotify, saying it would appeal the penalty.바카라 게임 웹사이트The decision was reached despite the Commission바카라 게임 웹사이트s failure to uncover any credible evidence of consumer harm, and ignores the realities of a market that is thriving, competitive, and growing fast,바카라 게임 웹사이트 the company said in a statement.It said Spotify stood to benefit from the decision, asserting that the Swedish streaming service that holds a 56% share of Europe바카라 게임 웹사이트s music streaming market and doesn't pay Apple for using its App Store met 65 times with the commission over eight years.바카라 게임 웹사이트Ironically, in the name of competition, today바카라 게임 웹사이트s decision just cements the dominant position of a successful European company that is the digital music market바카라 게임 웹사이트s runaway leader,바카라 게임 웹사이트 Apple said. The commission's investigation initially centered on two concerns. One was the iPhone maker's practice of forcing app developers that are selling digital content to use its in-house payment system, which charges a 30% commission on all subscriptions.But the EU later dropped that to focus on how Apple prevents app makers from telling their users about cheaper ways to pay for subscriptions that don바카라 게임 웹사이트t involve going through an app.The investigation found that Apple banned streaming services from telling users about how much subscription offers cost outside of their apps, including links in their apps to pay for alternative subscriptions or even emailing users to tell them about different pricing options.The fine comes the same week that new EU rules are set to kick in that are aimed at preventing tech companies from dominating digital markets.The Digital Markets Act, due to take effect Thursday, imposes a set of do's and don'ts on 바카라 게임 웹사이트gatekeeper바카라 게임 웹사이트 companies including Apple, Meta, Google parent Alphabet, and TikTok parent ByteDance 바카라 게임 웹사이트 under threat of hefty fines.The DMA's provisions are designed to prevent tech giants from the sort of behavior that's at the heart of the Apple investigation. Apple has already revealed how it will comply, including allowing iPhone users in Europe to use app stores other than its own and enabling developers to offer alternative payment systems.The commission also has opened a separate antitrust investigation into Apple바카라 게임 웹사이트s mobile payments service, and the company has promised to open up its tap-and-go mobile payment system to rivals in order to resolve it.

The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for breaking the bloc's competition laws by unfairly favoring its own music streaming service over rivals.

Apple banned app developers from "fully informing iOS users about alternative and cheaper music subscription services outside of the app," said the European Commission, the 27-nation bloc바카라 게임 웹사이트s executive arm and top antitrust enforcer.

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바카라 게임 웹사이트This is illegal, and it has impacted millions of European consumers,바카라 게임 웹사이트 Margrethe Vestager, the EU's competition commissioner, said at a news conference.

Apple behaved this way for almost a decade, which meant many users paid 바카라 게임 웹사이트significantly higher prices for music streaming subscriptions,바카라 게임 웹사이트 the commission said.

The 1.8 billion-euro fine follows a long-running investigation triggered by a complaint from Swedish streaming service Spotify five years ago.

The EU has led global efforts to crack down on Big Tech companies, including a series of multbillion-dollar fines for Google and charging Meta with distorting the online classified ad market. The commission also has opened a separate antitrust investigation into Apple바카라 게임 웹사이트s mobile payments service.

Apple hit back at both the commission and Spotify, saying it would appeal the penalty.

바카라 게임 웹사이트The decision was reached despite the Commission바카라 게임 웹사이트s failure to uncover any credible evidence of consumer harm, and ignores the realities of a market that is thriving, competitive, and growing fast,바카라 게임 웹사이트 the company said in a statement.

It said Spotify stood to benefit from the decision, asserting that the Swedish streaming service that holds a 56% share of Europe바카라 게임 웹사이트s music streaming market and doesn't pay Apple for using its App Store met 65 times with the commission over eight years.

바카라 게임 웹사이트Ironically, in the name of competition, today바카라 게임 웹사이트s decision just cements the dominant position of a successful European company that is the digital music market바카라 게임 웹사이트s runaway leader,바카라 게임 웹사이트 Apple said.

The commission's investigation initially centered on two concerns. One was the iPhone maker's practice of forcing app developers that are selling digital content to use its in-house payment system, which charges a 30% commission on all subscriptions.

But the EU later dropped that to focus on how Apple prevents app makers from telling their users about cheaper ways to pay for subscriptions that don바카라 게임 웹사이트t involve going through an app.

The investigation found that Apple banned streaming services from telling users about how much subscription offers cost outside of their apps, including links in their apps to pay for alternative subscriptions or even emailing users to tell them about different pricing options.

The fine comes the same week that new EU rules are set to kick in that are aimed at preventing tech companies from dominating digital markets.

The Digital Markets Act, due to take effect Thursday, imposes a set of do's and don'ts on 바카라 게임 웹사이트gatekeeper바카라 게임 웹사이트 companies including Apple, Meta, Google parent Alphabet, and TikTok parent ByteDance 바카라 게임 웹사이트 under threat of hefty fines.

The DMA's provisions are designed to prevent tech giants from the sort of behavior that's at the heart of the Apple investigation. Apple has already revealed how it will comply, including allowing iPhone users in Europe to use app stores other than its own and enabling developers to offer alternative payment systems.

The commission also has opened a separate antitrust investigation into Apple바카라 게임 웹사이트s mobile payments service, and the company has promised to open up its tap-and-go mobile payment system to rivals in order to resolve it.