Spotify urges the EU to reign in Apple's App Store monopoly, calls for 'urgent action'

As many of you probably know, there's always heated competition between tech companies. And sometimes, a company is bigger than another... in one way or another. Battles between competitors are not a rarity in the tech world. One such battle has been undertaken by Spotify, which is, let's say, unhappy with Apple Music and has taken it to file an antitrust case against Cupertino.

Basically, Spotify is alleging Apple is competing with it via Apple Music in an unfair manner. Spotify is stating that Apple can offer subscriptions within Apple Music with no penalty, but Spotify needs to pay 30% to Apple for doing the same . Back in 2019, Spotify filed an antitrust complaint against Cupertino in Europe. Since then, the European Commission has reached a preliminary conclusion siding with Spotify... but a final decision has not been reached yet.

Now, Spotify has sent an open letter to the Executive Vice President of the European Commission, Margrethe Vestager. The companies that backed the music-streaming platforms represent digital organizations for audio streaming, web software, communications, publishing, and marketplaces.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Public Utility Commission, power developers mull changes to Texas electric market design - Dallas Business JournalAs the Public Utility Commission weights options for redesigning the Texas power market, power plant generators say a new design is needed to incentivize building new projects within the state.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Spotify joins media firms to urge EU action against Apple's 'unfair' practicesMusic streaming service Spotify Technology , along with other media firms such as Deezer, urged the European Commission to take action against Apple Inc for anticompetitive and unfair practices, in a joint industry letter on Wednesday. Gee, as Spotify and other streaming services barely pay artists anything. An orginzation steal 30% of your money before you even see it just because you happen to reside in their store? Sounds like the IRS to me. Spotify whose business model is ripping off performance artists of all types by paying a few cents in the dollar to use their product. A pox on them.
Source: Reuters - 🏆 2. / 97 Read more »