Spotify CEO accuses Apple of evading EU Big Tech rules
Investing.com -- Spotify Technology SA (NYSE: SPOT )'s CEO, Daniel Ek, has accused Apple Inc (NASDAQ: AAPL ). of not following the European Union's Big Tech rules. Ek has urged regulators not to yield to threats of retaliation from the White House for imposing fines.
Ek claimed that Apple's efforts to comply with the EU's Digital Markets Act (DMA) are insincere. He stated that Apple has a "well-established pattern of delaying and stalling" its compliance with the DMA. This act sets strict boundaries on the behavior of the most influential tech companies.
He stated in an interview with Bloomberg on Tuesday, "It is time for Europe to show that we are going to enforce the law that’s already been passed." He also mentioned that the regulation of Apple's conduct has become a priority for American regulators.
Ek criticized Apple's approach to allowing more stores, stating that the tech giant has made it nearly impossible to create new ones due to the high fees imposed. This, he argued, effectively prevents competition.
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