Apple Fined Nearly $2 Billion by European Union Over Music Streaming Competition 

FILE - The Apple logo is illuminated at a store in the city center of Munich, Germany, Dec. 16, 2020. European Union fines Apple nearly $2 billion for unfairly favoring its own music streaming service over rivals.

The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for breaking the bloc's competition laws by unfairly favoring its own music streaming service over rivals.