Apple Music: Apple has been fined 1.8 billion euros, or about $1.95 billion, by the European Union. In Indian rupees this amount is more than Rs 16,168 crore. This fine has been imposed on Apple because an investigation found that their competition from music streaming services like Spotify was very limited. The fine imposed on Apple is four times higher than expected, as the EU seeks to show that it will take tough action against tech companies that abuse their dominant market position for online services. Huge fine imposed on…
Read MoreEU imposed a heavy fine of 1.8 billion euros for restrictions on music streaming
