"EU Slaps Apple with Record €500 Million Fine for Antitrust Violations"

TL;DR Summary
Apple is reportedly facing a fine of over $500 million from the EU for allegedly stifling competition against Apple Music on the iPhone, following an investigation into a Spotify complaint. The issue revolves around Apple's restrictions on apps informing users about cheaper alternatives to Apple's music service and its efforts to keep apps and users within its App Store payments system. While the fine may seem substantial, it was originally proposed to be much larger, and Apple has faced similar charges in the past. Apple has not commented on the speculation, and the European Commission declined to comment, while Spotify did not respond.
- Apple to be fined over $500 million under EU antitrust law The Verge
- Apple Set to Face Near €500 Million EU Fine in Spotify Row Bloomberg
- EU to hit Apple with first ever fine in €500mn penalty over music streaming Financial Times
- EU poised to fine Apple about $539M over alleged breaches of EU competition law, FT reports New York Post
- The EU is reportedly set to hit Apple with a $539 million fine in antitrust probe Yahoo Finance
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