Apple's $500m EU fine

Pro Search

3 steps completed
Answer
Apple is facing a significant financial penalty from the European Union, with regulators planning to fine the company more than $500 million. This fine is a result of an antitrust probe that specifically addresses allegations related to Apple's practices around access to music streaming services. The investigation was prompted by a complaint filed by Spotify in 2019, accusing Apple of breaking EU law by restricting competitors' access to its platform and thereby harming competition. This fine is separate from other legal challenges Apple has faced, including the "batterygate" settlement in which Apple agreed to pay between $310 million and $500 million to users affected by software updates that throttled the performance of older iPhones. This settlement was to address complaints from users of pre-2018 model iPhones, who experienced slowed device performance due to software updates intended to manage aging batteries. Additionally, Apple has been involved in a long-standing dispute over a €13 billion tax bill in Ireland, where the European Commission argued that Apple received favorable tax treatment. This case has seen various developments, with the European Court of Justice's advocate general recently suggesting that a previous ruling in Apple's favor should be set aside, indicating ongoing legal challenges for the company in the EU. The EU's decision to fine Apple over its music streaming practices highlights ongoing concerns about the company's market dominance and the enforcement of antitrust laws to ensure fair competition within the digital market.
Related
what was the antitrust probe that led to the $500m fine for apple
how will the $500m fine be distributed to users
what other legal issues has apple faced in recent years
Apple to pay $500m to users in 'batterygate' settlement
Apple to pay up to $500 million to iPhone users after judge nixes ...
Apple to pay up to $500M to settle lawsuit over slow iPhones
View More