Apple (AAPL) faces a massive $1.95 billion fine from European Union regulators. The investigation by the European Commission was initiated by Spotify (SPOT), which claimed Apple intentionally shut out music streaming competition, using its App Store to favor its own Apple Music service over rivals like Spotify. The segment is from March 4, 2024.
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@Apple hit with $2B EU fine: What to know 💵 #shorts
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