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miguelxt | 2 years ago

Spotify does not get that money. The general EU budget does.

> Fines imposed on undertakings found in breach of EU antitrust rules are paid into the general EU budget. This money is not earmarked for particular expenses, but Member States' contributions to the EU budget for the following year are reduced accordingly. The fines therefore help to finance the EU and reduce the burden for taxpayers.

https://competition-policy.ec.europa.eu/index/fines_en

discuss

order

jeltz|2 years ago

Yes, these are fines, not damages. The headline says as much.

leereeves|2 years ago

Can Spotify sue for damages as well?