Apple may face €500 million fine over Spotify's antitrust complaint


Content Team
Image Credit: magnticmag

Apple may face a hefty €500 million (around Rs. 4,472 crore) fine as a result of an EU investigation into Spotify's antitrust complaint filed in 2019, according to the Financial Times. Since 2019, EU regulators have been looking into Spotify's claim that Apple's App Store policies hinder competition in the music streaming market. These policies do not allow iPhone apps to inform users of cheaper alternatives to access music subscriptions outside the App Store.