Apple Hit With €1.8 Billion EU Fine Over Music App Abuses

EU’s first fine against Apple follows complaint from Spotify
Shares in New York fall to lowest level since November

WATCH: Margrethe Vestager speaks about the European Union’s decision to fine Apple €1.8 billion on Monday.Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Samuel Stolton and Stephanie Bodoni

March 4, 2024 at 12:01 PM UTC

Updated on

March 4, 2024 at 3:37 PM UTC

This article is for subscribers only.

Apple Inc. was hit Monday with a €1.8 billion ($2 billion) penalty from the European Union over an investigation into allegations it shut out music-streaming rivals, including Spotify Technology SA, on its platforms.

The European Commission also ordered the Cupertino, California-based firm to stop preventing music-streaming apps from informing users of cheaper deals away from Apple’s App Store. The larger than expected fine is the first to be handed out to Apple by the EU.