Apple facing smaller antitrust concerns as European Commission revises objections
Scott Olson


Apple (NASDAQ:AAPL) is facing smaller regulatory issues in Europe as the European Commission said on Tuesday that it had refocused its allegations that the tech giant abused its position for music streaming apps in the App Store.

In a statement, the EC said the statement of objections clarified that the agency is no longer focusing on in-app payment technology. Instead it focuses on "contractual restrictions" the company allegedly imposed on music app developers to let them inform iPhone and iPad users of other music subscription options at lower prices.
In the past, Spotify (SPOT) has complained about Apple's (AAPL) policies. Spotify (SPOT) competes with Apple Music in the streaming music industry, along with several others.
Apple (AAPL) said it was pleased that the EC narrowed the scope of the alleged abuse and would continue to work with the agency on the matter.
Apple (AAPL) shares were fractionally higher in premarket trading on Tuesday.
Earlier this month, it was reported Apple (AAPL) had achieved major breakthroughs in a secret project to develop a continuous blood glucose monitoring system.