Apple to be fined more than $500 million under EU antitrust law

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Apple will reportedly have to pay around €500 million (about $539 million USD) in the EU to reduce competition against Apple Music on the iPhone. financial Times informed of The fine this morning comes after regulators in Brussels, Belgium, investigated a Spotify complaint that Apple had prevented the app from telling users about cheaper alternatives to Apple’s music service.

The issue is linked to Apple’s efforts to keep apps and users limited within its App Store payment system. Spotify complained in 2019 Apple’s policies stifle competition against Apple Music, prompting EU investigation next year, European Union suppressed his objections Protesting Apple’s refusal to allow developers to link their own subscription sign-ups within their apps – a policy that Apple changed in 2022 Following regulatory pressure in Japan.

$500 million may seem like a lot, but a bigger fine of about $40 billion (or 10 percent of Apple’s annual global turnover) was on the table when the E.U. Updated your objections Last year. Apple was accused over a billion dollars in 2020, but French authorities removed it approximately $366 million After the company’s appeal.

Apple representative Emma Wilson told the verge told via email that the company is “not commenting on speculation” and referred us to previous statements made by another Apple spokesperson, Hannah Smith, who Said in February last year The company hoped the Commission would stop pursuing the case, which Smith said “doesn’t make any sense.” European Commission spokesman Lee Zuber declined to comment.

Spotify did not respond till press time.

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