EU hits Apple with music streaming charge in boost for Spotify

EU regulators accused Apple on Friday of distorting competition in the music streaming market, siding with Spotify in a case that could lead to a hefty fine and changes in the iPhone maker’s lucrative business practices.
Apple iphone 12 5G smartphone in Singapore
The preliminary findings are the first time Brussels has levelled anti-competitive charges against Apple, although the two sides have had bruising clashes in the past, most notably a multibillion-dollar tax dispute involving Ireland.

Apple, Spotify and other parties can now respond. If the case is pursued, the EU could demand concessions and potentially impose a fine of up to 10% of Apple’s global turnover – as much as $27 billion, although it rarely levies the maximum penalty.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

South Korea Smartphone Market Declines 0.5% in Q1 2026 as Premium and Foldable Demand Remains Strong

South Korea's smartphone market recorded shipments of 3.78 million...

Apple Faces $4 Billion UK Lawsuit Over iCloud as Tribunal Clears Class Action

Apple is facing a major legal challenge in the...

Global Smartphone Market to Shrink by 152 mn Units in 2026 as Average Selling Price Surges 21% to $565

The global smartphone industry is undergoing a major structural...