Spotify to start in-app purchases on iPhone in Europe after DMA takes effect

Small figurines are seen in front of displayed Spotify logo in this illustration taken February 11, 2022. REUTERS/Dado Ruvic/Ilustration

(Reuters) -Spotify users in Europe can start to buy audiobooks and subscription plans from within the music-streaming app from March as a result of the region's new competition law for Big Tech, the Swedish company said on Wednesday.

The move will help the company avoid Apple's 30% fee for purchases through its App Store, which has long been a source of contention between app developers and the tech giant.