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

Samsung beats Transsion to regain Southeast Asia smartphone leadership in 2025

Latest research from Omdia shows Southeast Asia’s smartphone market...

China Tablet Market Shipments Grow 13% in 2025 as Upgrade Cycle and Subsidies Boost Demand: IDC

China’s tablet market recorded strong growth in 2025, driven...

Global Smartphone Installed Base Grows 2% in 2025 as Apple and Samsung Extend Lead

The global installed base of active smartphones increased 2...

Rising Memory Prices to Slash Global Smartphone Production in 2026, Says TrendForce

Surging memory costs are set to become the biggest...