• Contact Us
  • About
  • Advertise
  • Careers
Kashmir Dot Com
  • Home
  • Kashmir
  • Jammu
  • World
  • Politics
  • Opinion
  • Business
  • Health
  • Contact Us
No Result
View All Result
  • Home
  • Kashmir
  • Jammu
  • World
  • Politics
  • Opinion
  • Business
  • Health
  • Contact Us
No Result
View All Result
Kashmir Dot Com
No Result
View All Result
Home Business

EU slaps $2 billion anti-trust fine on Apple following Spotify’s complaint

Kashmir Dot Com by Kashmir Dot Com
March 4, 2024
in Business
0
EU slaps $2 billion anti-trust fine on Apple following Spotify’s complaint
0
SHARES
13
VIEWS
Share on Facebook

London, March 4: The European Union on Monday fined Apple 1.84 billion euros (about $2 billion) for allegedly abusing its dominant position in the market for the distribution of music streaming apps to iPhone and iPad users via its App Store.

The Commission’s investigation found that Apple bans music streaming app developers from fully informing iOS users about alternative and cheaper music subscription services available outside of the app and from providing any instructions about how to subscribe to such offers.

The EU’s investigation was announced after Swedish music streaming company Spotify filed an antitrust complaint over so-called “Apple Tax” in 2020.

“For a decade, Apple abused its dominant position in the market for the distribution of music streaming apps through the App Store,” said Margrethe Vestager, Executive Vice-President in charge of competition policy in a statement.

“They did so by restricting developers from informing consumers about alternative, cheaper music services available outside of the Apple ecosystem. This is illegal under EU antitrust rules, so today we have fined Apple over 1.8 billion euros.”

The Commission also ordered Apple to remove the anti-steering provisions and to refrain from repeating the infringement or from adopting practices with an equivalent object or effect in the future.

“Today’s decision concludes that Apple’s anti-steering provisions amount to unfair trading conditions, in breach of Article 102(a) of the Treaty on the Functioning of the European Union (‘TFEU’),” said the ruling.

Apple’s conduct, which lasted for almost 10 years, “may have led many iOS users to pay significantly higher prices for music streaming subscriptions because of the high commission fee imposed by Apple on developers and passed on to consumers in the form of higher subscription prices for the same service on the Apple App Store”.

Any person or company affected by anti-competitive behaviour may bring the matter before the courts of the Member States and seek damages, said the Commission.

Previous Post

Chandraker Bharti posted as Principal Secretary J&K Home Department

Next Post

Two die after vehicle plunges into gorge in J&K’s Ramban

Next Post
Three tourists among four injured in Tangmarg road accident

Two die after vehicle plunges into gorge in J&K’s Ramban

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

LATEST NEWS

CEO SSCL reviews E-Bus Operations at Pantha Chowk

Sakeena Itoo inaugurates newly constructed Administrative Block at Women’s College Srinagar

‘Advisory Board not a mere Post-Office’: High Court comes down heavily on mechanical approval of PSA detention

Gold rebounds Rs 700 to Rs 1.46 lakh/10gm in Delhi as rupee weakens; silver steady

‘Adhoc cannot replace adhoc’: High Court stops J&K Govt from swapping guest lecturers

Police intensify anti-narcotics crackdown, 10 held in Anantnag and Kulgam

LG Sinha Lays Foundation Stone for University of Jammu’s Kashmir Chapter

ACB Organises Youth Parliament, Vigilance Awareness Sessions in Bla, Poonch on Day 2 of VAW

CM Omar congratulates J&K Wushu, Taekwondo teams on winning National School Games trophies

Cabinet approves 3 pc hike in dearness allowance for central govt employees

Facebook Twitter

About Us

Kashmir Dot Com (KDC) is J&K's premier News Agency having a vast reach of audience.

Kashmir Dot Com is a News Agency based in Srinagar, J&K that offers syndicated multimedia news feed to plethora of news-bureaus in J&K and beyond. We also provide a range of facilities from foreign and domestic channels to package their reports in Jammu and Kashmir. We cover almost all areas of interest in J&K to viewers including news, entertainment, and life styles, bussiness, sports, human-interest features and social and developmental issues.

KDC can well and truly take pride in the legacy of it's work, and in it's contribution towards the building of a free and fair Press in Jammu and Kashmir.

Category

  • Business
  • Entertainment
  • Health
  • JAMMU
  • Kashmir
  • Lead
  • National
  • Opinion
  • Politics
  • Science
  • Sports
  • Tech
  • Uncategorized
  • World

Company Info

  • Contact Us
  • About
  • Advertise
  • Careers

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

error: Content is protected !!
No Result
View All Result
  • Home
  • Kashmir
  • Jammu
  • World
  • Politics
  • Opinion
  • Business
  • Health
  • Contact Us

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.