Apple fined €1.8bn for breaking streaming rules

Apple has been fined €1.8 billion for breaking streaming rules. The European Commission found that Apple had violated competition laws by imposing restrictions on the way in which music streaming services could compete with its own Apple Music platform. This is one of the largest fines ever imposed by the European Union on a single company.

The European Commissioner for Competition, Margrethe Vestager, said that Apple’s actions had harmed consumers by denying them choice and stifling innovation in the music streaming market. She also noted that this fine sends a strong message to other tech giants that they must play by the rules or face serious consequences.

Apple has said that it will appeal the decision, arguing that it has always acted in the best interests of consumers and competition. However, this ruling could have far-reaching implications for the way in which tech companies operate in Europe and beyond.