Apple Fined $2-B In One Of Europe’s Largest Antitrust Actions

The European Union (EU) fined Apple about $2 billion, saying the iPhone maker set unfair rules for developers of music-streaming apps.

The EU has conducted an investigation into Apple’s business scheme for years and found the company had made it hard for music-streaming apps to gain access fairly. I Photo: Apple

The fine was one of the EU’s largest-ever antitrust penalties, Kim Mackrael reported for The Wall Street Journal (WSJ). The move could mark the start of a wider battle between the bloc’s regulators and the tech giant.

The EU has conducted an investigation into Apple’s business scheme for years and found the company had made it hard for music-streaming apps to gain access fairly.

EU fine related to music-streaming apps comes after a yearslong probe into the iPhone maker’s app-store practices. Apple’s hardware, software, and services work so harmoniously that it is often called a “walled garden.”

The idea is central to the EU’s antitrust scrutiny.

WEEKLY FEATURE : Jose Mari Chan And The Christmas Anthem