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EU’s Apple action may foreshadow new U.S. antitrust rules – Source fastcompany.com

On Friday, the European Commission announced its preliminary conclusion that Apple has violated European antitrust laws by imposing onerous rules and high prices on app developers seeking to get their apps in front of the vast market of iOS device users.

The commission said Apple “distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store.” Apple will get a chance to respond to the EU in writing and in person before a final decision is made. Reuters reports that Apple, if ultimately found guilty, could be on the hook for as much as $27 million in damages—admittedly, pocket change for a company that made almost $1 billion a day in its last quarter.

The EU’s action comes in response to loud complaints about the App Store from Spotify. Apple Music’s archrival has decried the App Store requirement that it use Apple’s proprietary payment system. The company protests the charge of 30%…

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Source : fastcompany.com

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