The European Union has fined Apple nearly $2 billion for violating antitrust laws by unfairly promoting its own Apple Music streaming service over competitors, Associated Press reports.
The investigation, triggered by a complaint from Spotify, revealed that Apple restricted app developers from informing users about cheaper subscription options outside of iOS apps. The fine serves as a deterrent to prevent similar offenses in the future and to address concerns about tech giants dominating digital markets.
Apple intends to appeal the decision, arguing that the market is competitive and thriving. Despite Apple’s objections, Spotify welcomed the EU’s decision, emphasizing the importance of preventing monopolistic practices.
