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EU to hit Apple with €500m fine over antitrust music streaming complaint from Spotify (www.imore.com)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 9 months ago

I am also wondering where that amount comes from. Though I do not think it should be based on profit. A company can also be unprofitable on purpose in a region in order to destroy the competition an gain market share. Then after conquering the market they increase the prices again.

In this case I suppose it also be difficult to quantify the fine. Of course the duration of the anti-competitive behaviour should also be taken into consideration and apples low willingness to better itself. Is there any article explaining the 500m euro?