Technology

59314 readers

4798 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

381

EU to hit Apple with €500m fine over antitrust music streaming complaint from Spotify (www.imore.com)

submitted 8 months ago by Renn@sh.itjust.works to c/technology@lemmy.world

34 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Mataresian@lemmy.dbzer0.com 2 points 8 months ago

I am also wondering where that amount comes from. Though I do not think it should be based on profit. A company can also be unprofitable on purpose in a region in order to destroy the competition an gain market share. Then after conquering the market they increase the prices again.

In this case I suppose it also be difficult to quantify the fine. Of course the duration of the anti-competitive behaviour should also be taken into consideration and apples low willingness to better itself. Is there any article explaining the 500m euro?