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EU Commission fines Apple over €1.8 billion over abusive App store rules for music streaming providers (ec.europa.eu)

submitted 8 months ago* (last edited 8 months ago) by [email protected] to c/[email protected]

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The European Commission has fined Apple over €1.8 billion for abusing its dominant position on the market for the distribution of music streaming apps to iPhone and iPad users (‘iOS users') through its App Store. In particular, the Commission found that Apple applied restrictions on app developers preventing them from informing iOS users about alternative and cheaper music subscription services available outside of the app (‘anti-steering provisions'). This is illegal under EU antitrust rules.

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[–] [email protected] -4 points 8 months ago (2 children)

1.8 billion? So small? Isn't it even less than budget of smallest member-state?

[–] [email protected] 4 points 8 months ago (1 children)

Low effort trolling XD

[–] [email protected] 0 points 8 months ago (1 children)

Malta’s budget as I undersand 7 billion euros. Meanwhile crApple’s revenue is 385 billion dollars. 1 billion euros is less than 1% of revenue. At this scale it’s cost of doing business, not a fine.

[–] [email protected] 1 points 8 months ago

Thank you for pointing out the obvious!

[–] [email protected] 0 points 8 months ago* (last edited 8 months ago)

It seems yes, it is smaller than smallest budget in EU. Malta's budget as I undersand 7 billion euros. Meanwhile crApple's revenue is 385 billion dollars. 1 billion euros is less than 1% of revenue. At this scale it's cost of doing business, not a fine.