The EU is reportedly set to hit Apple with a $539 million fine in antitrust probe

Apple could also be dealing with a tremendous of roughly $539 million (500 million euros) from the EU and a ban on its alleged anti-competitive App Store practices for music streaming companies, in keeping with . The publication, which cites 5 unnamed sources with data of the matter, studies that the European Fee will announce its ruling early subsequent month.

The probe stems from a 2019 antitrust criticism filed by Spotify and is concentrated on App Retailer guidelines that on the time prevented builders from directing prospects to different subscription choices exterior the app, which might be cheaper as they wouldn’t should compensate for Apple’s 30 % price. Apple later loosened these restrictions. In accordance with FT, the Fee will say Apple broke EU antitrust legislation and created “unfair buying and selling circumstances” for its rivals with the App Retailer’s “anti-steering obligations.”