EU says Apple’s App Store breaks competition rules after Spotify complaint

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EU says Apple’s App Store breaks competition rules after Spotify complaint

CNBC2021-04-30

Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...

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tungngie
·2021-05-11
This is common for EU to do this. Last time they did to Microsoft on having IE automatically on windows. I dont see any problem, people can always go download chrome or firefox. Anyway, Microsoft responded by having Windows N variants. Now it is on Apple App Store. Hehe. EU really wants choice freedom. It seems to me "We dont want to be restricted to use App Store, please allow us use other App Store". Surely Apple has to fight for this. Lets see who gonna win.
Reply
2
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- tungngie:
  hehe. thats how i see it. [可爱]
  2021-05-12
  Reply
  Report
- ShaunVee:
  Chances of taking free money from big tech?
  2021-05-11
  Reply
  Report
xvin23
·2021-05-03
Oh ok
Reply
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Mabes
·2021-05-03
No biggie.
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Workaholyk
·2021-05-02
Come on Apple!
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Kikiki
·2021-05-02
B
Reply
2
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- Kikiki:
  E
  2021-05-02
  Reply
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MNCoffee
·2021-05-01
Spotify is taking a toll on my wallet lol
Reply
4
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- dtjj16:
  based on joe
  2021-05-02
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- dtjj16:
  based
  2021-05-01
  Reply
  Report
我i168
·2021-05-01
$Apple(AAPL)$...government vs free market, create or destroy value?[Cool]
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2
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欣欣宇
·2021-04-30
Nice
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4
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- SallyTay:
  cheer
  2021-05-01
  Reply
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Tourmaline
·2021-04-30
Like and comment
Reply
2
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- WenJieChan:
  good
  2021-05-01
  Reply
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- Zic:
  Ok
  2021-04-30
  Reply
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StockWatcher
·2021-04-30
EU is helping on create retracement for good entry. Heads up
Reply
3
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SnowPenguin
·2021-04-30
Unlikely to break Apple share price
Reply
2
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HSR
·2021-04-30
Guess if Apple to drop because of that, it’s time to buy even more apple haha ???
Reply
2
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- WenJieChan:
  good
  2021-05-01
  Reply
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- 若水陌语:
  看跌?多少？
  2021-05-01
  Reply
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- Prathima999:
  [贱笑] good
  2021-04-30
  Reply
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来人
·2021-04-30
How? [驚訝]
Reply
1
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LoLoMiNi
·2021-04-30
Apple drop, so we can accumulate more
Reply
3
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IZLIN
·2021-04-30
@simplydkam @Sagi08 @Zenekz @Meow17opps! [Surprised]
Reply
4
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- Sagi08:
  No worries
  2021-05-05
  Reply
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- Sagi08:
  No Worries
  2021-05-01
  Reply
  Report
Kelvin27
·2021-04-30
Buy cheap apple now. Like and comment
Reply
3
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- 来人:
  Yes. Buy more ?
  2021-04-30
  Reply
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DenDenBear
·2021-04-30
Reply and like thanks
Reply
4
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- MarcO:
  nice pls like and comment
  2021-04-30
  Reply
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JonLucky
·2021-04-30
Bullies always break the rules until authorities discipline them.
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3
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- JadeS:
  bullies are everywhere
  2021-05-02
  Reply
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BruceLKH
·2021-04-30
It will sort out.
Reply
2
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- AntX1:
  Yes agree
  2021-04-30
  Reply
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Jonk
·2021-04-30
Apple rich
Reply
3
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These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":199690205,"gmtCreate":1620698160107,"gmtModify":1704346921587,"author":{"id":"3576456086582950","authorId":"3576456086582950","name":"tungngie","avatar":"https://static.tigerbbs.com/988bf89c2727c98e8bd27200a813c1b2","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3576456086582950","authorIdStr":"3576456086582950"},"htmlText":"This is common for EU to do this. Last time they did to Microsoft on having IE automatically on windows. I dont see any problem, people can always go download chrome or firefox. Anyway, Microsoft responded by having Windows N variants.&nbsp;Now it is on Apple App Store. Hehe. EU really wants choice freedom. It seems to me \"We dont want to be restricted to use App Store, please allow us use other App Store\". Surely Apple has to fight for this. Lets see who gonna win.&nbsp;","listText":"This is common for EU to do this. Last time they did to Microsoft on having IE automatically on windows. I dont see any problem, people can always go download chrome or firefox. Anyway, Microsoft responded by having Windows N variants.&nbsp;Now it is on Apple App Store. Hehe. EU really wants choice freedom. It seems to me \"We dont want to be restricted to use App Store, please allow us use other App Store\". Surely Apple has to fight for this. Lets see who gonna win.&nbsp;","text":"This is common for EU to do this. Last time they did to Microsoft on having IE automatically on windows. I dont see any problem, people can always go download chrome or firefox. Anyway, Microsoft responded by having Windows N variants. Now it is on Apple App Store. Hehe. EU really wants choice freedom. It seems to me \"We dont want to be restricted to use App Store, please allow us use other App Store\". Surely Apple has to fight for this. Lets see who gonna win.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/199690205","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4295391,"gmtCreate":1620771234353,"gmtModify":1680788181481,"authorId":3576456086582950,"author":{"id":3576456086582950,"idStr":"3576456086582950","authorId":3576456086582950,"name":"tungngie","avatar":"https://static.tigerbbs.com/988bf89c2727c98e8bd27200a813c1b2","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":199690205,"type":1,"supId":4290963,"prevId":0,"content":"hehe. thats how i see it.  [可爱]","text":"hehe. thats how i see it.  [可爱]","html":"hehe. thats how i see it.  [可爱]"},{"id":4290963,"gmtCreate":1620725694290,"gmtModify":1680788102705,"authorId":3557227905112544,"author":{"id":3557227905112544,"idStr":"3557227905112544","authorId":3557227905112544,"name":"ShaunVee","avatar":"https://static.tigerbbs.com/5f64fe4fcaa4f1d2aedde844df964cb4","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.14%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":199690205,"type":1,"supId":0,"prevId":0,"content":"Chances of taking free money from big tech? ","text":"Chances of taking free money from big tech? ","html":"Chances of taking free money from big tech? "}],"langContent":"EN"},{"id":108530636,"gmtCreate":1620038728125,"gmtModify":1704337700445,"author":{"id":"3577242908888293","authorId":"3577242908888293","name":"xvin23","avatar":"https://static.tigerbbs.com/284ea65037fdd70740d1782f2b4e7dc7","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3577242908888293","authorIdStr":"3577242908888293"},"htmlText":"Oh ok","listText":"Oh ok","text":"Oh ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/108530636","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":108925385,"gmtCreate":1619995315947,"gmtModify":1704336960647,"author":{"id":"3575032020160515","authorId":"3575032020160515","name":"Mabes","avatar":"https://static.tigerbbs.com/4db6ec4bddf6a757226d79a42d9ee939","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575032020160515","authorIdStr":"3575032020160515"},"htmlText":"No biggie.&nbsp;","listText":"No biggie.&nbsp;","text":"No biggie.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/108925385","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":101419913,"gmtCreate":1619930122932,"gmtModify":1704336510266,"author":{"id":"3575090896400299","authorId":"3575090896400299","name":"Workaholyk","avatar":"https://static.tigerbbs.com/9032f0c616eb371f7056ee3aae5ad7be","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575090896400299","authorIdStr":"3575090896400299"},"htmlText":"Come on Apple!&nbsp;","listText":"Come on Apple!&nbsp;","text":"Come on Apple!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101419913","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":101263567,"gmtCreate":1619917265859,"gmtModify":1704336266716,"author":{"id":"3581229547024496","authorId":"3581229547024496","name":"Kikiki","avatar":"https://static.tigerbbs.com/f46fbae3962077a32ec82d426edd72ad","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581229547024496","authorIdStr":"3581229547024496"},"htmlText":"B","listText":"B","text":"B","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/101263567","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4195411,"gmtCreate":1619917665179,"gmtModify":1680786558417,"authorId":3581229547024496,"author":{"id":3581229547024496,"idStr":"3581229547024496","authorId":3581229547024496,"name":"Kikiki","avatar":"https://static.tigerbbs.com/f46fbae3962077a32ec82d426edd72ad","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":"80.66%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":101263567,"type":1,"supId":0,"prevId":0,"content":"E","text":"E","html":"E"}],"langContent":"EN"},{"id":101970694,"gmtCreate":1619840629018,"gmtModify":1704335632264,"author":{"id":"3578437374431441","authorId":"3578437374431441","name":"MNCoffee","avatar":"https://static.tigerbbs.com/1574b98e81022d53dfe703d67f405d4e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578437374431441","authorIdStr":"3578437374431441"},"htmlText":"Spotify is taking a toll on my wallet lol","listText":"Spotify is taking a toll on my wallet lol","text":"Spotify is taking a toll on my wallet lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/101970694","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4201038,"gmtCreate":1619970325422,"gmtModify":1680786645394,"authorId":3573592434925239,"author":{"id":3573592434925239,"idStr":"3573592434925239","authorId":3573592434925239,"name":"dtjj16","avatar":"https://static.tigerbbs.com/31031db86cbe360fe2192b1109400932","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":101970694,"type":1,"supId":0,"prevId":0,"content":"based on <u>joe</u>","text":"based on <u>joe</u>","html":"based on <u>joe</u>"},{"id":4190146,"gmtCreate":1619846419126,"gmtModify":1680786482963,"authorId":3573592434925239,"author":{"id":3573592434925239,"idStr":"3573592434925239","authorId":3573592434925239,"name":"dtjj16","avatar":"https://static.tigerbbs.com/31031db86cbe360fe2192b1109400932","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":101970694,"type":1,"supId":0,"prevId":0,"content":"<u>based</u>","text":"<u>based</u>","html":"<u>based</u>"}],"langContent":"EN"},{"id":103703579,"gmtCreate":1619818261891,"gmtModify":1704335240620,"author":{"id":"3563873670221480","authorId":"3563873670221480","name":"我i168","avatar":"https://static.tigerbbs.com/34b2d0551b5ab028c13ab35747c4df8c","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3563873670221480","authorIdStr":"3563873670221480"},"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>...government vs free market, create or destroy value?[Cool]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>...government vs free market, create or destroy value?[Cool]&nbsp;","text":"$Apple(AAPL)$...government vs free market, create or destroy value?[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103703579","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103561043,"gmtCreate":1619793893482,"gmtModify":1704272507362,"author":{"id":"3560508329513236","authorId":"3560508329513236","name":"欣欣宇","avatar":"https://static.tigerbbs.com/9f18877cc52fe595db7dba61a107bfd4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3560508329513236","authorIdStr":"3560508329513236"},"htmlText":"&nbsp;Nice&nbsp;","listText":"&nbsp;Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103561043","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4185920,"gmtCreate":1619822422635,"gmtModify":1680786407764,"authorId":3582588743085644,"author":{"id":3582588743085644,"idStr":"3582588743085644","authorId":3582588743085644,"name":"SallyTay","avatar":"https://static.tigerbbs.com/f04aacccf7c71226eb2eec75690689ab","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103561043,"type":1,"supId":0,"prevId":0,"content":"<u>cheer</u>","text":"<u>cheer</u>","html":"<u>cheer</u>"}],"langContent":"EN"},{"id":103506121,"gmtCreate":1619791591363,"gmtModify":1704272440598,"author":{"id":"3575675330726225","authorId":"3575675330726225","name":"Tourmaline","avatar":"https://static.tigerbbs.com/f16bc99b5c482ec75b42f0d04b4b3155","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575675330726225","authorIdStr":"3575675330726225"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/103506121","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4192854,"gmtCreate":1619880398643,"gmtModify":1680786523652,"authorId":3572242831702290,"author":{"id":3572242831702290,"idStr":"3572242831702290","authorId":3572242831702290,"name":"WenJieChan","avatar":"https://static.tigerbbs.com/53ef4172b753c018b9380f43f496ab73","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103506121,"type":1,"supId":4183834,"prevId":0,"content":"<u>good</u>","text":"<u>good</u>","html":"<u>good</u>"},{"id":4183834,"gmtCreate":1619794283098,"gmtModify":1680786377063,"authorId":3579886506406751,"author":{"id":3579886506406751,"idStr":"3579886506406751","authorId":3579886506406751,"name":"Zic","avatar":"https://static.tigerbbs.com/ff64a4c66cc8783ef8b3ae8210e759e7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103506121,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":103229949,"gmtCreate":1619788985781,"gmtModify":1704272379088,"author":{"id":"3581565649060536","authorId":"3581565649060536","name":"StockWatcher","avatar":"https://static.tigerbbs.com/648f98c0d0a1e2a6bdf618a2b6cf1878","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581565649060536","authorIdStr":"3581565649060536"},"htmlText":"EU is helping on create retracement for good&nbsp;entry. Heads up","listText":"EU is helping on create retracement for good&nbsp;entry. Heads up","text":"EU is helping on create retracement for good entry. Heads up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103229949","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103267308,"gmtCreate":1619788742104,"gmtModify":1704272376265,"author":{"id":"3575797745026233","authorId":"3575797745026233","name":"SnowPenguin","avatar":"https://static.tigerbbs.com/0c1df7e59f071340725760d5ab8a37c0","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575797745026233","authorIdStr":"3575797745026233"},"htmlText":"Unlikely to break Apple share price&nbsp;","listText":"Unlikely to break Apple share price&nbsp;","text":"Unlikely to break Apple share price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103267308","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103213229,"gmtCreate":1619786026461,"gmtModify":1704272338211,"author":{"id":"3581080954564999","authorId":"3581080954564999","name":"HSR","avatar":"https://static.tigerbbs.com/52c27988aa5de1a2d30de90fb4a0f483","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581080954564999","authorIdStr":"3581080954564999"},"htmlText":"Guess if Apple to drop because of that, it’s time to buy even more apple haha ???","listText":"Guess if Apple to drop because of that, it’s time to buy even more apple haha ???","text":"Guess if Apple to drop because of that, it’s time to buy even more apple haha ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/103213229","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4192855,"gmtCreate":1619880406918,"gmtModify":1680786523401,"authorId":3572242831702290,"author":{"id":3572242831702290,"idStr":"3572242831702290","authorId":3572242831702290,"name":"WenJieChan","avatar":"https://static.tigerbbs.com/53ef4172b753c018b9380f43f496ab73","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103213229,"type":1,"supId":4185543,"prevId":0,"content":"<u>good</u>","text":"<u>good</u>","html":"<u>good</u>"},{"id":4185543,"gmtCreate":1619817949190,"gmtModify":1680786412549,"authorId":3580609891657789,"author":{"id":3580609891657789,"idStr":"3580609891657789","authorId":3580609891657789,"name":"若水陌语","avatar":"https://static.tigerbbs.com/13cdf6747de75f0a949bd2a75c2e3d38","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103213229,"type":1,"supId":0,"prevId":0,"content":"看跌?多少？","text":"看跌?多少？","html":"看跌?多少？"},{"id":4182762,"gmtCreate":1619787932549,"gmtModify":1680786360069,"authorId":3581673227269461,"author":{"id":3581673227269461,"idStr":"3581673227269461","authorId":3581673227269461,"name":"Prathima999","avatar":"https://static.tigerbbs.com/f1cfbd1c26778c94c1e19aa8be490e08","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103213229,"type":1,"supId":0,"prevId":0,"content":"[贱笑] <u>good</u>","text":"[贱笑] <u>good</u>","html":"[贱笑] <u>good</u>"}],"langContent":"EN"},{"id":103237280,"gmtCreate":1619785739540,"gmtModify":1704272333744,"author":{"id":"3575544575320394","authorId":"3575544575320394","name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3575544575320394","authorIdStr":"3575544575320394"},"htmlText":"How?&nbsp;[驚訝]&nbsp;","listText":"How?&nbsp;[驚訝]&nbsp;","text":"How? [驚訝]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103237280","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":103238484,"gmtCreate":1619785401548,"gmtModify":1704272327813,"author":{"id":"3567689959878849","authorId":"3567689959878849","name":"LoLoMiNi","avatar":"https://static.tigerbbs.com/95f5762ae58c6404aba4062f7aa3dae6","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3567689959878849","authorIdStr":"3567689959878849"},"htmlText":"Apple drop, so we can accumulate more&nbsp;","listText":"Apple drop, so we can accumulate more&nbsp;","text":"Apple drop, so we can accumulate more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103238484","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103292922,"gmtCreate":1619784830666,"gmtModify":1704272315077,"author":{"id":"3581848609787274","authorId":"3581848609787274","name":"IZLIN","avatar":"https://static.tigerbbs.com/f2241963762942310c858a3aae49c0d1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581848609787274","authorIdStr":"3581848609787274"},"htmlText":"<a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a><a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3582502498874268\">@Zenekz</a><a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a>opps! [Surprised]&nbsp;","listText":"<a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a><a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3582502498874268\">@Zenekz</a><a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a>opps! [Surprised]&nbsp;","text":"@simplydkam@Sagi08@Zenekz@Meow17opps! [Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/103292922","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4228095,"gmtCreate":1620191831914,"gmtModify":1680787072208,"authorId":3582026494482473,"author":{"id":3582026494482473,"idStr":"3582026494482473","authorId":3582026494482473,"name":"Sagi08","avatar":"https://static.tigerbbs.com/04a6ca80d31900bae8ec95b23446e79d","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103292922,"type":1,"supId":0,"prevId":0,"content":"No worries","text":"No worries","html":"No worries"},{"id":4192987,"gmtCreate":1619882247379,"gmtModify":1680786523774,"authorId":3582026494482473,"author":{"id":3582026494482473,"idStr":"3582026494482473","authorId":3582026494482473,"name":"Sagi08","avatar":"https://static.tigerbbs.com/04a6ca80d31900bae8ec95b23446e79d","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103292922,"type":1,"supId":0,"prevId":0,"content":" No Worries","text":" No Worries","html":" No Worries"}],"langContent":"EN"},{"id":103204863,"gmtCreate":1619783956552,"gmtModify":1704272304304,"author":{"id":"3570525287776594","authorId":"3570525287776594","name":"Kelvin27","avatar":"https://static.tigerbbs.com/88a4920af1707aeb14091b74ce7e2771","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570525287776594","authorIdStr":"3570525287776594"},"htmlText":"Buy cheap apple now. Like and comment&nbsp;","listText":"Buy cheap apple now. Like and comment&nbsp;","text":"Buy cheap apple now. Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103204863","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4182517,"gmtCreate":1619785764187,"gmtModify":1680786359422,"authorId":3575544575320394,"author":{"id":3575544575320394,"idStr":"3575544575320394","authorId":3575544575320394,"name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103204863,"type":1,"supId":0,"prevId":0,"content":"Yes. Buy more ?","text":"Yes. Buy more ?","html":"Yes. Buy more ?"}],"langContent":"EN"},{"id":103203078,"gmtCreate":1619783459994,"gmtModify":1704272294884,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"htmlText":"Reply and like thanks","listText":"Reply and like thanks","text":"Reply and like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103203078","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4182796,"gmtCreate":1619788174047,"gmtModify":1680786358396,"authorId":3579404034455974,"author":{"id":3579404034455974,"idStr":"3579404034455974","authorId":3579404034455974,"name":"MarcO","avatar":"https://static.tigerbbs.com/be5697566d0f1acd47a2c200cbfe60f0","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103203078,"type":1,"supId":0,"prevId":0,"content":"nice pls like and comment","text":"nice pls like and comment","html":"nice pls like and comment"}],"langContent":"EN"},{"id":103672013,"gmtCreate":1619782756532,"gmtModify":1704272285198,"author":{"id":"3573703375513385","authorId":"3573703375513385","name":"JonLucky","avatar":"https://static.tigerbbs.com/15afb66e92e4e4d6d1a8e9b7854e9d5e","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3573703375513385","authorIdStr":"3573703375513385"},"htmlText":"Bullies always break the rules until authorities discipline them.","listText":"Bullies always break the rules until authorities discipline them.","text":"Bullies always break the rules until authorities discipline them.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103672013","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4198954,"gmtCreate":1619942204599,"gmtModify":1680786612868,"authorId":3573644992811813,"author":{"id":3573644992811813,"idStr":"3573644992811813","authorId":3573644992811813,"name":"JadeS","avatar":"https://community-static.tradeup.com/news/1e6f301e7632a6460b2c962cd5d56f91","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103672013,"type":1,"supId":0,"prevId":0,"content":"bullies are everywhere","text":"bullies are everywhere","html":"bullies are everywhere"}],"langContent":"EN"},{"id":103671266,"gmtCreate":1619782454255,"gmtModify":1704272282062,"author":{"id":"3579237568930568","authorId":"3579237568930568","name":"BruceLKH","avatar":"https://static.tigerbbs.com/3a1cd83d8c0a30319a06ed3da4080b86","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579237568930568","authorIdStr":"3579237568930568"},"htmlText":"It will sort out.&nbsp;","listText":"It will sort out.&nbsp;","text":"It will sort out.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103671266","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU says Apple’s App Store breaks competition rules after Spotify complaint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 18:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180690637","content_text":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.The European Commission, the EU’s executive arm,opened an antitrust investigationinto the App Store last year, after the music streaming platformSpotifycomplained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4182218,"gmtCreate":1619783232246,"gmtModify":1680786355012,"authorId":3555228142062941,"author":{"id":3555228142062941,"idStr":"3555228142062941","authorId":3555228142062941,"name":"AntX1","avatar":"https://static.tigerbbs.com/8ed4f343e57c6619d41cd33b9b27c551","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103671266,"type":1,"supId":0,"prevId":0,"content":"Yes agree","text":"Yes agree","html":"Yes agree"}],"langContent":"EN"},{"id":103671314,"gmtCreate":1619782423038,"gmtModify":1704272281079,"author":{"id":"3574905837621452","authorId":"3574905837621452","name":"Jonk","avatar":"https://static.tigerbbs.com/0a229a31e5e9c062fc4043aeb080b53e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574905837621452","authorIdStr":"3574905837621452"},"htmlText":"Apple rich&nbsp;","listText":"Apple rich&nbsp;","text":"Apple rich","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103671314","repostId":1180690637,"repostType":4,"repost":{"id":"1180690637","kind":"news","pubTimestamp":1619780056,"share":"https://ttm.financial/m/news/1180690637?lang=&edition=fundamental","pubTime":"2021-04-30 18:54","market":"us","language":"en","title":"EU says Apple’s App Store breaks competition rules after Spotify complaint","url":"https://stock-news.laohu8.com/highlight/detail?id=1180690637","media":"CNBC","summary":"Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its preliminary view that it distorted competition in the music streaming market as it abused its dominant position for the distribution of music streaming apps through its App Store,” it said in a “statement of objections” sent to Apple.On Friday, the EU said it took issue with the “mandatory use of Apple’s ","content":"<div>\n<p>Applehas “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday.“The European Commission has informed Apple of its ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-says-apples-app-store-breaches-competition-rules.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU says Apple’s App Store breaks competition rules after Spotify complaint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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These mean that app developers have to pay a 30% commission on all subscription fees that come through the App Store.On Friday, the EU said it took issue with the “mandatory use of Apple’s own in-app purchase mechanism imposed on music streaming app developers to distribute their apps via Apple’s App Store.”App developers are also unable to inform users of alternative ways to purchase the same apps elsewhere — another issue the Commission said it was concerned with.In response, Apple said the EU’s case was the “opposite of fair competition,” according to a statement cited by Reuters.“Spotify has become the largest music subscription service in the world, and we’re proud of the role we played in that,” Apple said in the statement. “Once again, they want all the benefits of the App Store but don’t think they should have to pay anything for that.”A statement of objections is part of the formal process in an antitrust investigation, but it does not conclude the probe. Apple now has to reply to the Commission’s concerns either in writing or via a oral hearing.‘Apple is a gatekeeper’It comes after an e-book and audiobook distributor filed a similar complaint against Apple March 2020, while Epic Games —which is already locking horns with Apple in a U.S. legal battle— filed an antitrust complaint against the iPhone maker with the European Commission earlier this year.Margrethe Vestager, the head of competition policy in the EU, said app stores play a “central role” in today’s digital economy.“Our preliminary finding is that Apple is a gatekeeper to users of iPhones and iPads via the App Store. With Apple Music, Apple also competes with music streaming providers,” she said in a statement Friday.“By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. This is done by charging high commission fees on each transaction in the App store for rivals and by forbidding them from informing their customers of alternative subscription options,” she added.Legal battlesThis is not the first investigation that the European Commission has brought against Apple.The commission decided in Septemberto take Apple and the Irish government to the highest court in the European Union for what Brussels deems unfair taxation practices.The EU ruled in 2016 that Apple had to repay 13 billion euros ($15.7 billion) in unpaid taxes to the Irish government, after the latter granted “undue tax benefits.”Apple and the Irish government have contested the decisionand the case is still in court.Hoping to overcome long legal battles and make its markets fairer, the European Union is working on new regulation that could ultimately impact many of the U.S. tech giants.TheDigital Markets Actis likely to end what’s known as self-preferencing — when, for instance, app search results in an Apple product prioritize those developed by the tech giant. The idea is to give smaller app developers the same chance of being found and chosen by consumers.The legislation is still being discussed by European lawmakers. But, apart from enforcing practical changes, it will also have the power to fine companies up to 10% of their worldwide annual turnover.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":108,"commentSize":38,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}