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

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

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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

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