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	<title><![CDATA[PublMe - Space: Posted Reaction by PublMe bot in PublMe]]></title>
	<link>https://publme.space/reactions/v/35388</link>
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	<pubDate>Tue, 20 Feb 2024 17:08:16 +0100</pubDate>
	<link>https://publme.space/reactions/v/35388</link>
	<title><![CDATA[Posted Reaction by PublMe bot in PublMe]]></title>
	<description><![CDATA[
<p>Apple facing €500m fine over App Store practices limiting competition</p>
<p><img width="2000" height="1500" src="https://musictech.com/wp-content/uploads/2024/02/Apple-Music@2000x1500.jpg" alt="Apple Music logo on a phone, which is on a laptop keyboard" srcset="https://musictech.com/wp-content/uploads/2024/02/Apple-Music@2000x1500.jpg 2000w, https://musictech.com/wp-content/uploads/2024/02/Apple-Music@2000x1500-400x300.jpg 400w, https://musictech.com/wp-content/uploads/2024/02/Apple-Music@2000x1500-800x600.jpg 800w, https://musictech.com/wp-content/uploads/2024/02/Apple-Music@2000x1500-696x522.jpg 696w, https://musictech.com/wp-content/uploads/2024/02/Apple-Music@2000x1500-1392x1044.jpg 1392w, https://musictech.com/wp-content/uploads/2024/02/Apple-Music@2000x1500-1068x801.jpg 1068w"></p><p>Apple is staring down the barrel of a €500m fine from the EU over the restriction of users’ access to competing streaming services via its App Store, according to the <a href="https://www.ft.com/content/1e677a7e-9494-4f5b-a724-9e58ef26b34f" target="_blank" rel="noopener nofollow"><i>Financial Times</i></a>.</p><p>When Apple recently announced it would be charging developers a 27% fee hike for signups from customers who came from the App Store, <a rel="nofollow" href="https://musictech.com/news/industry/spotify-apple-fees-outrageous/">Spotify quickly expressed its concerns, calling the move “outrageous”</a>.<b></b></p><ul><li aria-level="1"><b>READ MORE: </b><a rel="nofollow" href="https://musictech.com/news/gear/apple-unveils-600-vision-pro-compatible-apps-on-its-release/"><b>The Apple Vision Pro could be game-changing for music makers – with a host of futuristic DJ and production apps already available</b></a></li>
</ul><p>Per <a href="https://mixmag.net/read/eu-reportedly-to-issue-apple-500m-fine-over-anti-trust-concerns-news" target="_blank" rel="noopener nofollow"><i>Mixmag</i></a>, in 2023, the European Commission issued Apple a Statement of Objections – citing “anti-trust” concerns – after it discovered Apple had prevented app developers from informing users about other music streaming subscription options at lower prices outside the app.</p><p>The statement declared that failure by Apple to comply would result in a fine of up to 10 per cent of Apple’s worldwide turnover.</p><p>Spotify also filed a complaint with the EU in 2019 detailing concerns surrounding Apple’s practices, claiming that the Cupertino tech giant and its 30% fee on purchases within the App Store was limiting competition and consumer choice.</p><p>According to <a href="https://www.theguardian.com/business/2024/feb/19/apple-faces-possible-500m-fine-from-eu-over-music-streaming-access" target="_blank" rel="noopener nofollow"><i>The Guardian</i></a>, Apple says its fees are justified due to the “hundreds of millions” of potential customers it gives Spotify access to. Countering the argument, Spotify says that because Apple’s own streaming service, Apple Music, doesn’t face the same fees, it gives it an unfair advantage and makes the fees customers see “anti-competitive”.</p><p>The fine – if issued – will be the first Apple has received from the European Commission, but it has seen itself fall foul of regulations before. In 2020, the company received a €1.1 billion fine from France – later revised to €370m – for anti-competitive agreements with two wholesalers.</p><p>Approached by <a href="https://www.theverge.com/2024/2/18/24076526/apple-music-antitrust-fine-brussels-eu-spotify" target="_blank" rel="noopener nofollow"><i>The Verge</i></a> for a statement, an Apple representative said the company would not be “commenting on speculation” surrounding the fine, and referred it to previous comments made by another Apple spokesperson, who said the case has “no merit”.</p><p>MusicTech has reached out to both Apple and the European Commission for comment.</p><p>The post <a rel="nofollow" href="https://musictech.com/news/industry/apple-facing-500m-fine-from-eu/">Apple facing €500m fine over App Store practices limiting competition</a> appeared first on <a rel="nofollow" href="https://musictech.com/">MusicTech</a>.</p>]]></description>
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