TECH - Apple Accuses Spotify Of Seeking 'Limitless Access' To Tools For Free As $500M Fine Looms | Benzinga
Apple Inc. (NASDAQ:AAPL) has accused Spotify Technology SA (NYSE:SPOT) of attempting to gain unrestricted access to its tools without compensating for the value provided. This comes as reports about preparing to fine Apple $500 million for its alleged anti-competitive App Store policies surfaced.
What Happened: The EU is expected to impose a $500 million fine on Apple for its App Store policies regarding music streaming services. This decision follows a complaint filed by Spotify in 2013.
Apple, in response to the impending fine, has reiterated its stance that Spotify’s complaint is essentially about seeking unfettered access to Apple’s tools without paying for the value provided, reported 9to5Mac.
In a statement given to the report, Apple said, “We're happy to support the success of all developers — including Spotify, which is the largest music streaming app in the world.”
See Also: US Supreme Court Just Saved Apple $503M After Putting An End To A 14-Year-Long Legal Battle
Adding, “Spotify pays Apple nothing for the services that have helped them build, update, and share their app with Apple users in 160 countries spanning the globe. Fundamentally, their complaint is about ...