![]() ![]() Apple and understand the potential impact to Apple's Services business and competitive advantage #1 - the Ecosystem. Investors should ready themselves for a potential ruling against Apple by the European Commission in relation to Spotify vs. Apple's App Store business model faces Spotify's claims of anticompetitive behavior, and the European Commission's Statement of Objections is on the frontier of antitrust law in its definition of the music streaming market, whereby the focus is on defining Apple's App Store as a market in-of-itself. ![]() The European Commission's targeting of US big tech and interest in passing the Digital Markets Act appears in part to be in response to the US passing the Music Modernization Act, which appears to have impacted EU companies such as Spotify. Photo by wildpixel/iStock via Getty Images IntroductionĪpple ( NASDAQ: AAPL) is under fire from Spotify ( NYSE: SPOT) and under scrutiny by the European Commission for claimed anticompetitive and monopolistic behavior via the App Store, in stark contrast to established economic definitions and concepts as to what constitutes a monopoly and why monopolies are bad.
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