EU Fines Apple $2B for Impacting Millions

Apple Fined Nearly $2 Billion by EU for Unfairly Favoring Its Own Music Streaming Service

The European Union has slapped a hefty fine of almost $2 billion on tech giant Apple. This penalty comes after the company was found guilty of violating the bloc’s competition laws by giving preferential treatment to its in-house music streaming service, Apple Music. The European Commission ruled that Apple had unfairly prohibited app developers from informing iOS users about cheaper alternatives to its own music subscription platform.