The EU fines Apple nearly $2 billion for hindering music streaming competition

Enlarge this image

EU Commission vice president Margrethe Vestager addresses the media about Apple Music streaming services at EU headquarters in Brussels on Monday. Geert Vanden Wijngaert/AP

Geert Vanden Wijngaert/AP

LONDON — The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for unfairly favoring its own music streaming service by forbidding rivals like Spotify from telling users how they could pay for cheaper subscriptions outside of iPhone apps.

Apple muzzled streaming services from telling users about payment options available through their websites, which

→ Continue reading at NPR - Technology

More from author

Related posts


Latest posts

AirAsia aims to merge long-haul and short-haul brands | CNN Business

AirAsia aims to merge long-haul and short-haul brands ...

Bitcoin surges to a new record high as mainstream money flows into crypto | CNN Business

New York CNN  —  Bitcoin surged to its all-time high on Monday, shaking off a more than two-year rut...

Jeff Bezos dethrones Elon Musk to become the richest person on earth again | CNN Business

New York CNN  —  Jeff Bezos has reclaimed the title of the richest person on earth, surpassing Elon Musk,...