Apple set to be hit by EU antitrust order in App Store fight with Spotify

Apple Inc is set to be hit by a ban on its App Store rules that govern music-streaming rivals and a potential hefty fine in the European Union’s latest attempt to limit the power of Big Tech.

EU regulators are putting the finishing touches to a decision that would prohibit Apple’s practice of blocking music services from pushing their users away from the App Store to alternative subscription options, according to people familiar with the investigation. The decision is slated for early next year, they added.

As part of the upcoming decision, Apple runs the risk of a potential fine of as much as 10 per cent of its annual sales —