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EU Fines Apple Nearly $2B Following Spotify Lawsuit

  • #Antitrust actions & laws
  • #Europe
  • #Lawsuits
  • #Computers & internet
EU Fines Apple Nearly $2B Following Spotify Lawsuit
story
MAR 2024
Image copyright: Chesnot/Contributor/Getty Images News via Getty Images
story last updated MAR 2024

The Spin

Narrative A

The European Commission has not presented ample evidence in this case. Spotify itself has grown and cornered a huge 56% share of the European music streaming market — mostly piggybacking off of Apple for free. Other developers, too, have gained a lot from Apple's App Store, and yet around 86% do not pay the "store owner" any commission. Spotify isn't even satisfied with this outcome and wants the App Store revamped to suit itself. Apple should and will appeal this ruling.

Apple Newsroom

Narrative B

Apple has long praised itself even as it crushed smaller rivals of Apple Music. It's difficult to understand how Spotify reaching out to its own users with information about deals that benefit the same users can be Apple's problem just because it owns the App Store. Apple curbing Spotify users' choices is repugnant to the idea of a fair and open digital marketplace — a pillar of the internet itself. One "bad Apple" can ruin an entire industry, which is why the EU has put an end to such behavior.

Spotify

Metaculus Prediction


Articles on this story

Apple to be fined over $500 million under EU antitrust law
VergeFEB 2024
EU poised to fine Apple about $539M over alleged breaches of EU competition law, FT reports
New York PostFEB 2024