EU Set to Fine Apple 500 Million Euros over Alleged Competition Law Breaches

The European Commission is expected to fine Apple approximately 500 million euros ($539 million) for alleged breaches of EU competition law, according to the Financial Times.

Allegations of Anti-Competitive Behavior

The charges stem from accusations that Apple hindered third-party music services on its devices and favored its own Apple Music service. Apple has faced previous fines for antitrust behavior, but this would mark its first fine from Brussels.

Broader Crackdown and Compliance Measures

This fine is part of a broader crackdown in the EU, with the Digital Markets Act set to address anti-competitive practices from big tech players. Apple has announced changes to comply with EU regulations and has made concessions in relation to a separate antitrust case involving its Apple Pay mobile system. The company has the right to appeal the decision in EU courts.