Technology giant Apple has faced antitrust charges with Spotify in the European Union. The accusations came soon after the European Union launched an investigation into the matter.
An antitrust lawsuit was filed against Apple last year for its Fortnite in-game purchases by Epic Games. Apple shares, which lost the case, lost 2 percent. So, what is the antitrust issue between Apple and Spotify? Let’s take a look at the details of the news together.
First images from Apple’s dual USB-C charger!
While the design of the 35W power adapter with dual USB-C inputs developed by Apple was revealed, its difference from previous adapters was also understood.
Apple will face antitrust lawsuit!
Apple will face antitrust charges in the coming days, following a complaint by Spotify. The blame is on Apple forcing it to use its own in-app payment system and distorting competition by blocking notifications for other purchase options. The European Union blamed Apple for forcing it to use its in-payment systems.
According to Reuters, Apple applications are illegal under the rules of the Digital Markets Law enacted by the European Union. Again, according to Reuters statements, companies that do not comply with European Union antitrust laws are fined up to 10 percent of their global turnover. The European Union Commission did not comment on this issue. Apple has not yet made any statements regarding the accusations.
A lawyer advising in antitrust cases made the following statements on the subject:
“The Digital Markets Act is still two years away. The rules will likely apply to Apple in early 2024. That’s why antitrust litigation remains important.”
What do you, our readers, think about this issue? Who do you think is right in the Apple and Spotify antitrust accusations? You can express your thoughts in the comments section or on the SDN Forum.