KEY POINTS
  • The EU competition authority has decided to launch an antitrust probe into Apple's conduct, the FT reports.
  • Spotify's complaint alleges Apple Music gives the U.S. tech giant an "unfair advantage" over rivals.
  • Apple has refuted the Sweden-based music streaming firm's complaint.
Spotify app

Apple will reportedly be hit with a formal investigation in the next few weeks over Spotify's antitrust complaint.

The EU competition authority has decided to launch an antitrust probe into Apple's conduct after considering the complaint and surveying customers, rivals and others in the market, the Financial Times reported, citing three unnamed sources.