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Violation Tracker Global: Individual Record

Company: Apple
Current Parent CompanyApple Inc.
Parent at the Time of the Penalty Announcement: Apple Inc.
Jurisdiction: European Commission
Region: Europe
Penalty Currency: Euro
Penalty Amount in Original Currency: 1,800,000,000
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $1,950,966,000
Year: 2024
Date: March 4, 2024
Agency: European Commission Directorate-General for Competition
Offense Group: competition-related offenses
Offense Category: anti-competitive practices
Description: The European Commission fined Apple 1.8 billion euros for abusing its dominant position in the market for the distribution of music streaming apps to iPhone and iPad users through its App Store. In particular, the Commission found that Apple applied restrictions on app developers preventing them from informing users about alternative and cheaper music subscription services available outside of the app, which is is illegal under EU antitrust rules.
HQ Country of Current Parent: USA
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: computers
Source of Data(click here)
VTG Record ID: VTG24-69237