Apple To Face €500 Million Fine from EU Over Alleged Silencing of Music Rivals – Investigation Outcome Shocks Industry
BRUSSELS, Belgium – The European Union is expected to impose a fine of about €500 million on Apple Inc. as a result of an investigation into the company’s alleged suppression of music-streaming competitors on its platforms, particularly Spotify Technology SA. This penalty, which would be Apple’s first from the EU, is being set following findings that the tech giant violated competition rules by thwarting rival music services from informing users about cheaper alternatives outside of …