Apple Fined $2 Billion as Europe Sides With Spotify

Recently, Apple has been fined $2 billion by the European Union for antitrust violations in its App Store practices. This decision comes as Europe takes the side of music streaming service Spotify in their ongoing dispute with the tech giant.

Spotify has long accused Apple of unfair treatment in the App Store, claiming that Apple’s own music streaming service, Apple Music, receives preferential treatment over competitors. This has resulted in Spotify having to pay a higher fee for in-app purchases, putting them at a disadvantage in the market.

The European Union’s fine is a significant blow to Apple, as it is one of the largest fines ever imposed by the EU for antitrust violations. The decision sends a clear message that anticompetitive behavior will not be tolerated, even from tech giants like Apple.

Apple has stated that they will appeal the decision, arguing that they have always followed the law and have not engaged in anticompetitive practices. However, this ruling could have far-reaching implications for Apple’s business practices in the future.