Spotify Smacks Apple with Antitrust Complaint over Predatory 30% ‘Tax’

Spotify has lodged a formal complaint with antitrust investigators at the European Commission (EC), over Apple’s “unfair” policies, including a predatory 30% “tax” on its competitors. Spotify Files Blockbuster Antitrust Complaint Against Apple The CEO and founder of the Swedish streaming site, Daniel Ek, accused Apple of stifling innovation in the multi-billion dollar music streaming industry and using its dominant market position to suppress competitors. Daniel Ek, who founded the $26 billion Spotify, which is a direct competitor to Apple’s own Music service, says some of the company’s policies deliberately limit consumer choice and stymie innovation in the space. He

The post Spotify Smacks Apple with Antitrust Complaint over Predatory 30% ‘Tax’ appeared first on CCN

source https://www.ccn.com/spotify-smacks-apple-with-antitrust-complaint-over-predatory-30-tax

READ MORE http://bit.ly/2HiWm2i

from Cryptocurrency News https://ift.tt/2u4gVH1
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. https://ift.tt/2XxnqzJ Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!