EU regulators have reportedly sided against tech giant Apple in its prolonged battle with Spotify over App Store policies.
The crux of the matter revolves around Apple’s alleged “anti-steering” rules, accused of inhibiting platforms like Spotify from effectively promoting alternative payment methods.
This ruling – set to impact not only the music-streaming industry but also any software requiring a monthly subscription – is currently awaiting finalisation with a formal decision expected early next year, according to Bloomberg.
Sources suggest that along with the ruling, Apple will face penalties and a potential outright ban on the contentious practice. Financial repercussions for Apple could be substantial—with experts hinting at a fine reaching up to ten percent of its annual global revenue, translating to a figure of almost $40 billion.
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