(Bloomberg) -- Apple Inc. was hit Monday with a €1.8 billion ($2 billion) penalty from the European Union over an investigation into allegations it shut out music-streaming rivals, including Spotify Technology SA, on its platforms. Most Read from BloombergChina Scraps Premier Li's Briefing, Breaking Years of ConventionWall Street’s DEI Retreat Has Officially BegunWhat to Remember If the Stock Market Takes a DiveHaley Gets First Primary Win in D.C. With Super Tuesday AheadYoung Hong Kongers Who D...

Apple was hit with a 1.84-billion-euro ($2 billion) EU antitrust fine of on Monday, its first ever and comprising mostly a deterrent, for preventing Spotify and other music streaming services from informing users of payment options outside its App Store. The European Commission's decision was triggered by a 2019 complaint by Swedish music streaming service Spotify over this restriction and Apple's 30% App Store fees. The European Union enforcer said Apple's restrictions constituted unfair trading conditions, a relatively novel argument in an antitrust case and also used by the Dutch antitrust agency in a decision against Apple in 2021 in a case brought by dating app providers...

These tech leaders have been outstanding performers, but which one offers better returns from here?...