Apple Faces $2 Billion EU Fine for Abusing Market Dominance

Published on March 4, 2024

The European Commission has imposed more than 1.8 billion euros (around $1.95 billion) in fines on Apple for engaging in “unfair trading” practices that harmed iOS users’ choices. “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 European Commission said in a March 4 press release. Apple engaged in such “unfair trading conditions” for almost 10 years, leading to customers paying “significantly higher prices for music streaming subscriptions.” The commission decided that the 1.8 billion euro fine was necessary since Apple’s actions led to non-monetary harm that cannot be properly quantified....

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