On 4 March 2024, the European Commission fined Apple over €1.8bn for an abuse of dominance in the market for the distribution of music streaming apps through the App Store.
This is the third largest antitrust fine ever imposed by the Commission, eclipsed only by the record penalties that Google received in 2017 and 2018.
Cullen International’s new infographic explains how EU antitrust fines are calculated and provides perspective on the hefty penalties that European competition authorities have imposed on US Big Tech firms in recent years.
Clients of our Antitrust & Mergers service, can also access the infographic and in-depth case analysis directly on our client portal via the following:
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