Apple Faces Antitrust Charges In The EU Over Its App Store
Apple Inc (NASDAQ:AAPL) faces antitrust charges in the European Union after a complaint filed by Spotify Technology SA (NYSE:SPOT) two years ago. The iPhone maker will have to pay a sizable fine and could be forced to change its policies. Q1 2021 hedge fund letters, conferences and more Apple faces antitrust charges over App StoreSpotify accused Apple of stifling competition with its App Store policies. European Commission antitrust regulator Margrethe Vestager tweeted that "consumers are losing out" because Apple Music competes with other music streaming services. However, Apple charges high ...