A new report says faster-growing markets are threatening to eventually usurp Europe's status as the second-largest recorded music market after the U.S. and Canada.
Apple relents and allows Spotify to display how much it costs within its iOS app.
The tech giant has filed an appeal of the fine, which was assessed after the European Commission found that Apple unfairly favored its music streaming service over rivals.
The tech giants disagree that they are falling short of the new competition rules.
Legislators first proposed regulating AI in 2021, although it was ChatGPT and the “Heart on My Sleeve” controversy that made many execs pay closer attention to the tech’s potential impact.
Apple, Alphabet and other digital gatekeepers are busy making changes to comply with new rules in the 27-member state EU block.
The EU's top antitrust enforcer focused on how Apple prevents app makers from telling users about cheaper ways to pay for subscriptions that don’t involve an app.
The company, formerly known as Twitter, insists it is "cooperating with the regulatory process."
The coalition is calling for a reversal of a court ruling that found U.S. artists should get an equal share of public performance and broadcast royalties generated in the EU.
They accuse Europe of “overregulating” the sector and are working behind the scenes to water down provisions to protect creators and rights holders.
