this post was submitted on 04 Mar 2024
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The European Commission has fined Apple over €1.8 billion for abusing its dominant position on the market for the distribution of music streaming apps to iPhone and iPad users (‘iOS users') through its App Store. In particular, the Commission found that Apple applied restrictions on app developers preventing them from informing iOS users about alternative and cheaper music subscription services available outside of the app (‘anti-steering provisions'). This is illegal under EU antitrust rules.

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[–] anlumo@lemmy.world 57 points 9 months ago (6 children)

For a middle class person, that’s equivalent of being sued for €1000, with a good chance of getting away with €100 even when losing. When will fines for big multinationals ever be adequate?

[–] wahming@monyet.cc 35 points 9 months ago (3 children)

$1.8B is quite a chunk, and the EU is not shy about levying further fines if the behaviour continues.

[–] anlumo@lemmy.world 5 points 9 months ago (2 children)

It's less than 0.5% of their annual global revenue. It's nothing for a company like Apple.

[–] CucumberFetish@lemm.ee 2 points 9 months ago

Based on Statista, Apple profit from EU was 36B in 2023. The fine in this case amounts to 5% of their profit from the region. This is something that will impact the company's decisions.

Or they will fund more infrastructure development in the EU. It's still just March.

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