EU fines Apple €1.8 billion in Spotify streaming case

The European Union has fined tech giant Apple €1.8 billion in a case involving the popular music streaming service Spotify. The EU has accused Apple of abusing its dominant position in the market to stifle competition from Spotify and other rival music streaming platforms.

According to the European Commission, Apple’s App Store policies have put Spotify at a disadvantage by charging high fees and imposing restrictive rules that limit its ability to compete fairly. The commission’s investigation found that Apple’s actions have harmed consumers by reducing choice and innovation in the music streaming market.

As a result, the EU has ordered Apple to pay a hefty fine of €1.8 billion and to change its business practices to ensure competition in the market is not unfairly stifled. Apple has denied any wrongdoing and has vowed to appeal the decision.

Industry experts believe that this case could have significant implications for the tech industry and may lead to further scrutiny of big tech companies’ business practices in Europe and beyond.