Spotify to Allow In-App Purchases for Subscriptions, Audiobooks on iPhone in Europe After March DMA Deadline

Spotify users in Europe from March will be able to buy audiobooks and subscription plans from within the music-streaming app as a result of the region's new competition law for Big Tech, the Swedish company said on Wednesday.

The move will help the company avoid Apple's 30 percent fee for purchases through its App Store, which has long been a source of contention between app developers and the tech giant.