The European Union has hit US tech giant Apple Inc. with an antitrust fine of over €1.8 billion, i.e., around $1.95 billion for breaching app store regulations. It was found that Apple abused its dominance in the market and violated regulations regarding the app store’s collection of music streaming platforms for iPhone and iPad holders.
The EU found out that Apple had imposed limitations on app developers that stopped them from notifying iOS users regarding its substitutes and less expensive music streaming platforms available outside the app store. These restrictions, known as the ‘anti-steering provisions,’ were accounted illegal under the ...