The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018. REUTERS/Brendan McDermid/File Photo
Aug 27 (Reuters) – Swedish music streaming platform Spotify Technology SA (SPOT.N) said on Friday Apple Inc’s (AAPL.O) agreement to loosen App Store restrictions for small developers does not address the basic aspects of their “anticompetitive and unfair practices”.
“Apple’s recent changes do not address any of the core concerns Spotify and many others have with Apple,” the company said in a tweet.
Spotify in its 2019 complaint to the European Commission said Apple unfairly restricted rivals to its own music steaming service Apple Music and protested against the 30% fee levied on app developers to use Apple’s in-app purchase system. read more
Reporting by Eva Mathews in Bengaluru; Editing by Arun Koyyur
Our Standards: The Thomson Reuters Trust Principles.