Apple faces 500M euro fine following EU music probe

Apple may be the target of a 500 million euro ($538 million) fine from the European Commission, with the regulator expected to impose the charge following its competition probe into how it treats Apple Music's competitors.EU flagsThe European Commission has been investigating whether Apple broke antitrust laws following a 2019 complaint from Spotify, which resulted in a 2020 probe launch. Almost four years later, the European Commission is allegedly preparing to hand out punishments.According to five people with knowledge of the investigation, the Financial Times reports that the Commission is expected to announce a fine against Apple early in March. The fine, thought to be in the ballpark of 500 million euro, will supposedly be accompanied by a ruling that Apple broke EU laws with its App Store anti-steering rules. Continue Reading on AppleInsider | Discuss on our Forums