Apple Fined $2 Billion by E.U. for Using App Store to Thwart Competition
Apple on Monday was fined 1.8 billion euros ($1.95 billion) by European Union regulators for thwarting competition among music streaming rivals, a severe punishment levied against the tech giant in a long-simmering battle over the powerful role it plays as gatekeeper of the App Store. The penalty, announced by the E.U. antitrust regulator, is the…