Apple fined £1.5bn for not notifying users of cheaper music streaming options | Business News
Apple has been fined €1.8bn (£1.54bn) by the EU for favouring its own music streaming service rather than rivals.
Apple didn’t fully inform their device users there were alternative and cheaper subscription services for more than a decade, said the EU executive, the European Commission.
As a result, iPhone and iPad users paid “significantly higher prices for music streaming subscriptions”, it said.
The fine has been issued due to a complaint by streaming service Spotify.
In response Apple said: “The decision was reached despite the commission’s failure to uncover any credible evidence of consumer harm, and ignores the realities of a market that is thriving, competitive, and growing fast.”
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