Get News Fast

1.8 billion euro fine of the European Commission against the American company Apple

The European Union Commission fined the American company Apple 1 billion and 800 million euros for abuse and violation of anti-monopoly regulations in the market.
– International news – Tasnim News Agency According to the Swiss “SRF”, the European Union Commission fined the American technology giant Apple 1.8 billion euros.

The Brussels body said the company abused its dominant market position to sell music streaming apps to iPhone and iPad users through its app store.

It is the first time that the European Union has imposed such a penalty against Apple.

The reason for this penalty is that Apple has prohibited app developers from informing their users about cheaper ways to pay for subscriptions. If Apple’s 30% commission is not required to be paid. The European Commission said that Apple behaved this way for almost a decade, resulting in users paying substantial fees for music streaming subscriptions. It follows a long-running investigation that began with a complaint by Swedish streaming service Spotify five years ago. Apple has already announced that it will appeal the punishment.

Spotify owns 56% of the online music streaming market in Europe. In this regard, in response to its fine, Apple criticized the decision of the European Commission and considered it as a basis for strengthening the position of “Spotify” in Europe.

In this way, this fine is due to the approach of Apple in the field of broadcasting services. Music has been put online. According to the EU Commission, Apple prevented app developers from informing about alternatives to the company’s online music streaming service.

However, the alternatives to Apple Music were cheaper for users.

Margaret Vestager, the Commissioner for Competition in the European Union, said: “This was illegal and affected millions of European consumers.” The European Commission announced that the company Apple has violated antitrust regulations in the market for almost a decade.

The heavy financial fine of Apple by the European Union is announced while the officials of this union are going to implement new regulations for large companies in the field of technology. Start on Thursday. Apple, Meta, Alphabet and Byte Dance are among the companies that will face new restrictions.

EU member stops importing Russian oil
Germany’s request to accelerate the membership of Western Balkan countries in the European Union

end of message/

 

© Webangah News Hub has translated this news from the source of Tasnim News Agency
free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars Safe investment in the Islamic Republic of Iran

Leave a Reply

Your email address will not be published. Required fields are marked *

1 × four =

Back to top button