Raw: [
The European Commission has imposed a record €1.8 billion (around $2 billion) fine on Apple for anti-competitive practices related to music streaming apps on the App Store. This landmark decision…
The post Apple Hit with Record €1.8 Billion Fine for Antitrust Violations in App Store Music Streaming Practices appeared first on ESG News.
]
Apple Hit with Record €1.8 Billion Fine for Antitrust Violations in App Store Music Streaming Practices – ESG News
LOADING
ESG News
ESG Business
Sustainability
Technology
Infrastructure
ESG Reporting
ESG Standards
Environmental
Government
Diversity, Equity & Inclusion
ESG Investing
Sustainable Finance
ESG Funds
Digital Assets
ESG Lifestyle
ESG Events
Upcoming Event List
International
ESG Europe
ESG Asia
ESG India
ESG Russia
ESG Middle East
ESG Japan
ESG Canada
ESG Latin America
ESG United Kingdom
Videos
Force For Good
Greenwich Economic Forum
UN Global Compact Leaders Summit 2022
Blockchain for Europe
UNCTAD Sustainable Stock Exchange Initiative
Humanity 2.0
World Economic Forum
Caspian Week
Converge2Xcelerate
International WELL Building Institute
EarthX
Type to search
ESG NewsESG Business
SustainabilityTechnologyInfrastructureESG ReportingESG StandardsEnvironmentalGovernmentDiversity, Equity & Inclusion
Fils and Telr Partner to Drive Sustainability in Finance and Payments
ESG News
February 16, 2024
Deloitte Leads the Way in ESG & Sustainability Services, Verdantix Report Finds
ESG News
February 13, 2024
The English Football Premier League Takes Big Step in Sustainability with New Commitment
ESG News
February 12, 2024
Salesforce Reveals the Gap Between Sustainability Commitments and Business Integration
ESG News
February 12, 2024
Apple Hit with Record €1.8 Billion Fine for Antitrust Violations in App Store Music Streaming Practices
ESG News
March 4, 2024
How AI is changing the Sustainability and Circularity in Fashion industry?
Riikka Olli
March 1, 2024
Schneider Electric Accelerates Grid Modernization with Advanced DERMS, AI-powered Solutions, and Open Collaboration
ESG News
February 29, 2024
Surge in AI Adoption Among Energy & Utility Companies, IBM Study Finds
ESG News
February 28, 2024
Hive Hydrogen Partners with Genesis for $5.8 Billion Coega Green Ammonia Initiative
ESG News
March 4, 2024
Italian utility A2A Invests $120 Million to Make Waste-to-Energy Plant More Sustainable, Cut Emissions
ESG News
February 27, 2024
FedEx Commits to Sustainability with Cutting-Edge Hub in Dubai South
ESG News
February 23, 2024
EU Pledges €233 Million for Green Transition through Strategic Environment and Climate Projects
ESG News
February 23, 2024
Standard Chartered Release 2023 Diversity, Equality and Inclusion Impact Report
ESG News
March 1, 2024
SBTi Unveils Reports to Boost Corporate Climate Efforts Beyond Traditional Scope
ESG News
February 29, 2024
Singapore to Introduce Mandatory Climate Reporting Beginning 2025
ESG News
February 29, 2024
Deutsche Bank Unveils Updated Sustainable Finance Framework, Underscoring Commitment to Sustainability Goals
ESG News
February 28, 2024
Ford, Other Industry Leaders Support Strengthened EPA Standards on Heavy-Duty Vehicle Emissions
ESG News
February 9, 2024
Suncor must pay a record $11 Million fine for air pollution violations at Colorado refinery
ESG News
February 7, 2024
GRI Launches First Global Standard to Address Sustainability Impacts of the Mining Sector
ESG News
February 6, 2024
Schroders Achieves CDP ‘A’ Rating for Climate Leadership
ESG News
February 6, 2024
Standard Chartered Release 2023 Diversity, Equality and Inclusion Impact Report
ESG News
March 1, 2024
Australian Employer Gender Pay Gap Report Exposes Top Companies
ESG News
February 27, 2024
UK Government to help more black cab drivers go green with further funding support
ESG News
February 23, 2024
BBVA Sets Annual Record of €70 billion for Sustainable Business in 2023, up 39 percent
ESG News
February 2, 2024
ESG Investing
Sustainable Finance ESG Funds Digital AssetsESG LifestyleESG Events
Upcoming Event ListInternational
ESG Europe ESG Asia ESG India ESG Russia ESG Middle East ESG Japan ESG Canada ESG Latin America ESG United KingdomVideos
Force For Good Greenwich Economic Forum UN Global Compact Leaders Summit 2022 Blockchain for Europe UNCTAD Sustainable Stock Exchange Initiative Humanity 2.0 World Economic Forum Caspian Week Converge2Xcelerate International WELL Building Institute EarthX
Get Breaking ESG News Alerts
Daily Newsletter
Join Now
videocam
Latest News
Seven simple questions
Help us improve your experience, delivering more of what you want
ESG Survey
Seven simple questions – Help us improve your experience, delivering more of what you want!
Apple Hit with Record €1.8 Billion Fine for Antitrust Violations in App Store Music Streaming Practices
EU Parliament
/
Legal
/
News
/
Technology
/
Apple Hit with Record €1.8 Billion Fine for Antitrust Violations in App Store Music Streaming Practices
by ESG News
•
March 4, 2024
Share:
Share on Facebook
Share on Twitter
Share on LinkedIn
Listen to this story:
The European Commission has imposed a record €1.8 billion (around $2 billion) fine on Apple for anti-competitive practices related to music streaming apps on the App Store. This landmark decision marks the first time the EU has fined Apple for such practices and sets a precedent for regulating dominant tech companies in the digital market.
The Allegations: Abusing Market Power to Stifle Competition
The Commission accused Apple of abusing its dominant market position in the distribution of music streaming apps through the App Store. This dominance allowed Apple to implement “anti-steering provisions” within the App Store, effectively preventing music streaming services like Spotify, Deezer, and Tidal from informing users about cheaper subscription options available outside the App Store. These provisions prohibited developers from:
Displaying information about alternative subscription prices within their apps.
Including links directing users to subscribe outside the App Store.
Contacting users directly with information about alternative subscription options.
The Commission deemed these practices illegal under EU antitrust rules, arguing that they “stifle competition, limit consumer choice, and ultimately force users to pay higher prices for music streaming services,” according to Commission chief Margrethe Vestager.
A Record-Breaking Fine with a Deterrent Purpose
The €1.8 billion fine imposed on Apple is the largest antitrust fine ever issued by the EU. It comprises two key components:
A base amount: This sum reflects the duration and severity of the infringement, taking into account the period over which Apple enforced these anti-steering provisions.
A record-breaking €1.8 billion deterrent element: This unprecedented addition signifies the Commission’s intent to “strongly discourage similar anti-competitive behavior from Apple and other dominant companies in the future,” Vestager stated.
Apple’s Rebuttal and the Road Ahead
Apple vehemently contested the EU’s decision, claiming it lacks evidence of consumer harm and unfairly hinders “a thriving and competitive market,” according to a company statement. The company has announced its intention to challenge the ruling in court, potentially leading to a legal battle that could take several years to resolve.
Apple further argued that the primary beneficiary of this decision is its competitor, Spotify, which allegedly “met with the European Commission more than 65 times during this investigation,” the company claimed. They point out that Spotify does not pay any commission to Apple as it sells its subscriptions directly through its website, bypassing the App Store entirely.
Related Article: Microsoft Partners with Catona Climate for 350,000 Tonnes of Carbon Removal in Kenya
Despite Apple’s objections, the Commission’s order aligns with the upcoming Digital Markets Act (DMA) regulations, which come into effect on March 7, 2024. These regulations require companies like Apple to remove restrictions such as the anti-steering provisions, “empowering developers to provide users with more information and choice regarding subscription options,” as outlined by the Commission.
This landmark case not only sets a precedent for future antitrust actions against big tech companies in the EU but also highlights the complexities involved in regulating dominant players in the digital marketplace. It remains to be seen how Apple’s legal challenge and the implementation of the DMA will ultimately impact the future of music streaming app distribution on iPhones and iPads.
Share:
Share on Facebook
Share on Twitter
Share on LinkedIn
Topics
Apple
ESG
ESG News
Margrethe Vestager
Spotify
Related Articles
Dutch pension fund ABP sets target for $32.5 billion in ‘impact’ investments by 2030
ESG News •
March 4, 2024
BlackRock to purchase Portland Natural Gas Transmission System from TC Energy for $1.14 Billion
ESG News •
March 4, 2024
Hive Hydrogen Partners with Genesis for $5.8 Billion Coega Green Ammonia Initiative
ESG News •
March 4, 2024
Tim Mohin: EU Reaches Peak Sustainability?
Tim Mohin •
March 1, 2024
Mar
4
March 4 – March 6
Economist Impact 9th annual Sustainability Week: Sustaining planet and profit
Mar
5
All day
International Day for Disarmament and Non-Proliferation Awareness
Mar
7
All day
Asia Green Tech Summit
Mar
8
All day
International Women’s Day
Mar
8
All day
International Women’s Day
View Calendar
Today’s Top ESG Stories
Dutch pension fund ABP sets target for $32.5 billion in ‘impact’ investments by 2030 March 4, 2024
BlackRock to purchase Portland Natural Gas Transmission System from TC Energy for $1.14 Billion March 4, 2024
Apple Hit with Record €1.8 Billion Fine for Antitrust Violations in App Store Music Streaming Practices March 4, 2024
Hive Hydrogen Partners with Genesis for $5.8 Billion Coega Green Ammonia Initiative March 4, 2024
Standard Chartered Release 2023 Diversity, Equality and Inclusion Impact Report March 1, 2024
ESG News Quote of the Day
You have a responsibility to make inclusion a daily thought, so we can get rid of the word ‘inclusion’.
Theodore Melfi, American filmmaker
Tweet
ESG News Daily Newsletter
First Name
Last Name
Email address:
Leave this field empty if you’re human:
Related Stories
Apple, Nike Launch Clean Energy Procurement Academy to Decarbonize Global Supply Chains
Apple Advances Supplier Clean Energy Commitments
Apple Unveils its First Carbon Neutral Products
Apple Launches Third Impact Accelerator Class to Help Diverse Businesses Scale Sustainability Solutions
About ESG News About Us
Become a Contributor
Newsletter
Contact Us
Services Advertise With Us
Sponsorships
Events
News Agency
Terms & Privacy Terms & Conditions
Privacy Policy
Cookies
Copyright
Follow Us
YouTube
©2021 ESG News Corp. All rights reserved.
Add ESG News to your home screen?
Add this web page on your home screen for quick and easy access when you’re on the go.
Just tapthen “Add to home screen”
×