Loading...
Loading...
Browse all stories on DeepNewz
VisitApple Challenges €1.8 Billion ($1.9 Billion) EU Antitrust Fine Over Spotify Complaint Filed on May 21, 2024
May 21, 2024, 10:21 AM
Apple has filed a lawsuit with Europe's General Court to challenge a €1.8 billion ($1.9 billion) fine imposed by the European Commission. The fine, levied in March 2024, accuses Apple of thwarting fair competition from music-streaming rivals, including Spotify. The EU's decision is based on allegations that Apple's App Store rules unfairly disadvantage competing music streaming services. Apple contends that the fine is unjust and is seeking to overturn the decision in court. The lawsuit was filed on May 21, 2024.
View original story
Markets
Yes • 50%
No • 50%
Official statements from Apple or the European Commission
No • 50%
Yes • 50%
Official court documents or major news announcements
No • 50%
Yes • 50%
Official court documents or major news announcements
Stock price remains stable • 34%
Stock price rises • 33%
Stock price falls • 33%
Financial market data
No change • 34%
Significant policy changes • 33%
Minor adjustments • 33%
Public announcements from Apple or analysis from major tech news outlets
Apple wins • 33%
Case settled out of court • 34%
European Commission wins • 33%
Official court ruling or settlement announcements