Apple hit with $2 billion EU antitrust fine in Spotify case, will appeal

FILE PHOTO: An Apple logo is pictured outside an Apple store in Lille, France, September 13, 2023. REUTERS/Stephanie Lecocq/File Photo

BRUSSELS (Reuters) -Brussels on Monday fined Apple 1.84 billion euros ($2 billion) for thwarting competition from music streaming rivals via restrictions on its App Store, the iPhone maker's first ever penalty for breaching EU rules.

A basic penalty of 40 million euros was inflated by a huge lump sum included as a deterrent - a first for the European Union's antitrust authorities.