Apple Fined $2 Billion as Europe Sides With Spotify

In a landmark decision, the European Union has fined tech giant Apple a record $2 billion for anti-competitive practices related to its App Store. This ruling comes after Spotify, a music streaming service, filed a complaint against Apple for allegedly abusing its dominant position in the market.

The European Commission found that Apple had been unfairly favoring its own music streaming service, Apple Music, over competitors like Spotify. This included imposing restrictive rules and fees on third-party app developers, limiting their ability to offer competitive alternatives.

As a result, Apple has been ordered to pay the hefty fine and make significant changes to its App Store policies to ensure fair competition in the future. The ruling is a major win for Spotify and other app developers who have long been at odds with Apple over its App Store practices.

Apple has stated that it intends to appeal the decision, but the ruling marks a significant blow to the tech giant’s reputation and may have far-reaching implications for how it operates its App Store moving forward.