Spotify Hits Apple With EU Antitrust Complaint
Listen to this. In a complaint to the European Commission, the Swedish music streaming service has accused the Silicon Valley tech giant of holding an unfair advantage and limiting consumer choice in its app store. Spotify CEO Daniel Ek claimed Apple’s 30 percent transaction fee is particularly damaging because it forces Spotify, which competes with Apple Music, to inflate prices — or else suffer from stifling technical limitations.
Does Spotify have a fighting chance? European regulators have been tough on antitrust violators, fining Google $2.7 billion in 2017 for unfairly funneling users to its shopping platform.