EU Fines Apple for Antitrust Violations in App Store

• 11 Mar 2024

Source: TH

The European Union's recent 1.8 billion euro fine against Apple sheds light on the tech giant's alleged antitrust violations, specifically regarding its treatment of competitors and the imposition of fees within its App Store ecosystem.

• Apple was accused of unfairly favouring its own music streaming service, “Apple Music”, over competitors like Spotify by restricting their ability to inform users about alternative subscription options and by imposing significant fees for in-app purchases.
• The European Commission found that Apple's actions violated European Union antitrust laws, particularly regarding the abuse of its dominant market position and anti-steering provisions that hindered competition.
• The fine underscores the EU's stance against anti-competitive practices and sets a precedent for future tech antitrust cases.
• Apple denies antitrust allegations, stating no evidence of anti-competitive behaviour, and plans to appeal the EU decision.

Read more: Market Monopoly and Laws in India