Apple fined US$2 billion in one of Europe’s largest antitrust actions

(Image: WSJ )

Wed, 06 Mar 2024

BRUSSELS — The European Union fined Apple about US$2 billion (NZ$3.2b), saying the iPhone maker set unfair rules for developers of music-streaming apps. The fine was one of the EU’s largest antitrust penalties.The move could mark the start of a wider battle between the bloc’s regulators and the tech giant.The European Commission, the EU’s executive body, said it found the company violated antitrust rules by restricting app developers from telling users about alternative ways to subscribe to music-streaming serv...

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