Earlier today, the European Commission issued a preliminary view that Apple holds an unfair advantage in the music streaming space over competitors like Spotify. The basis of the finding lies in Apple’s own in-app purchase mechanism which sees Cupertino imposing a 30% tax on competitor’s earning through the App Store. The potential implications for Apple include a fine of 10% of its annual revenue which could add up to €22.3 billion ($27 billion) if the decision is ratified. Our preliminary conclusion: @Apple is in breach of EU competition law. @AppleMusic compete with other music...
Source: https://www.gsmarena.com/apple_found_in_breach_of_eu_competition_law_over_unfair_app_store_tax_policy-news-48920.php
