Welcome to the Tech Meam Ride Home for Monday, March 4th, 2024.

I'm Brian McCullough today. The EU Commission has Find Apple for Stifling Music

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advanced here's what you miss today in the world of tech.

The EU Commission this morning fined Apple 1.8 billion euro for stifling competition from rival music streaming services.

This is the EU's third largest antitrust fine ever.

Apple plans to appeal, quoting the Financial Times.

Margaret Vestager, the Block's competition chief said that the tech giant had broken EU antitrust rules for a decade by

restricting developers from informing consumers about alternative cheaper music services available

outside of the Apple ecosystem."

She said this amounted to abuse of the group's dominant position for music streaming on its

App Store.

Apple said it would appeal against the decision signaling years of legal fights in EU courts.

It said the Commission had reached its decision despite failing to, quote,

undercover any credible evidence of consumer harm, adding that Brussels reasoning, quote,

ignores the realities of a market that is thriving, competitive, and growing fast, end quote.

The 1.8 billion euro penalty is the third largest antitrust find the European Commission has imposed.

Google has been fined roughly a total of 8 billion euro over a decade for infringements of antitrust

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