EU to hit Apple with antitrust charge this week - source

By Foo Yun Chee

Technology
Wednesday, 28 Apr 2021
2:21 AM MYT

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FILE PHOTO: A 3D-printed Apple logo is seen in front of a displayed European Union flag in this illustration taken September 2, 2016. REUTERS/Dado Ruvic/Illustration

BRUSSELS (Reuters) - EU antitrust regulators are set to charge iPhone maker Apple this week with blocking rivals on its App Store following a complaint by music streaming service Spotify, a person familiar with the matter said on Tuesday.

The move, the first EU antitrust charge against Apple, could lead to a fine as much as 10% of Apple's global revenue and changes in its lucrative business model.

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HSI-CWIC	0.140	0.145	0.130	0.135	-0.005	-3.57	202,921

EU to hit Apple with antitrust charge this week - source

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