Xinhua News Agency, Beijing, February 19 (Reporter Yang Shuyi) According to foreign media reports, the European Commission is expected to impose a fine of about 500 million euros on Apple Inc. of the United States, citing the company's anti-competitive behavior in the **stream** service and violating the EU's anti-monopoly regulations. The EU is expected to announce the penalty early next month.
People experience the new product after Apple's new product launch event in Chupertino, California, U.S., September 12, 2023. Photo by Xinhua News Agency reporter Wu Xiaoling The Financial Times said on the 18th that Spotify previously complained to EU regulators about Apple, accusing Apple of banning all kinds of application software to notify customers that there are other cheaper subscription services outside of the Apple App Store. The European Union then launched an investigation into whether Apple had committed anti-competitive behavior.
The Financial Times, citing multiple people familiar with the matter, reported that the European Commission found that Apple had violated relevant EU regulations and decided to impose a fine of 500 million euros on the American tech giant. Neither the European Commission nor Apple declined to comment on the matter, the ** said.
It is understood that this will be the first time that the European Union has fined Apple for violating antitrust regulations.