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EU fines Apple $2 billion
The US tech giant has been accused of abusing its dominant position in the market for the distribution of music streaming apps The EU announced on Monday it has fined tech giant Apple €1.84 billion ($2 billion) for breaking the bloc’s competition laws. This is the company’s first ever EU antitrust penalty. According to the EU’s executive arm, the European Commission, the company prevented rival music streaming services such as Spotify from telling iPhone users that they could find cheaper ways to subscribe outside of Apple’s app store. Apple has “abused its dominant position” as a distributor of music streaming ap

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