119
Facing Billions in DMA Fines, Apple Lets EU iPhone Users Install Apps Outside the App Store (www.cnet.com)
submitted 1 year ago by to c/apple_enthusiast@lemmy.world
25 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 22 points 1 year ago (14 children)

In April, the European Commission fined Apple €500 million ($585 million) for blocking developers from steering users to cheaper payment options, and warned that daily penalties of up to 5% of global revenue could follow if it failed to comply.

LMAOOOO get fucked, Apple we love your hardware and your software (when properly tested first), but given you’ve had a great run with the fees now it’s time to let us own our hardware at least a little.

5%? Not messing around. No wrist slap there.

Let’s go freedom, let’s go Apple-but-the-right-way (please)!

  • permalink
  • fedilink
  • source
  • hideshow 14 child comments
    •
  • [–] 22 points 1 year ago (13 children)

    5% daily, of global revenue.

    Now that's how penalties should work.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 13 child comments
    •
  • [+] -7 points 1 year ago (12 children)

    With all respect for people who hate Apple (myself included), this doesn't look like how penalties should work. I doubt there are adequate standards of how an entity like EU can request any percentage of global revenue from anyone. What would you do if you request any more than Apple considers adequate and decides it's more profitable to just leave your market?

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 12 child comments
    •
  • [–] 1 point 1 year ago

    It's not Apple hate, it's finding ways to penalize companies that are meaningful.

    By tying the penalty to global revenues, Apple can't simply move their revenue to somewhere else, like they did 20 years ago by going to Ireland.

    See the story of Google being fined $500 million... How fast do they recoup that? Minutes or seconds?

  • permalink
  • fedilink
  • source
  • parent
  • [–] 1 point 1 year ago (3 children)

    I don't know, I'm still waiting for you to describe the problem.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] -4 points 1 year ago (2 children)

    The problem is how government entities dictate media corporations what to do. This time it's pro-consumer, the other time it might not be so.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 4 points 1 year ago (1 child)

    That's not a problem, its exactly what governments exist for. Creating and enforcing laws.

    The problem us that some corporations manage to manipulate governments by bribery to avoid regulation, not that government or regulations exist.

    Are you a libertarian?

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] [S] 8 points 1 year ago

    Problem is companies like to use global accounting schemes to hide/move profit.

    If it was “5% of profit in the EU” then overnight Apple would suddenly make 0 profit in the EU due to “brand licensing fees” to Apple Cayman Islands Incorporated.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 3 points 1 year ago

    I mean it's kind of classic issues with unions. It doesn't work if only place is doing it, but the more that do, the less market they have access to. Europe is a pretty decent sized market, so it may still hurt. And if they do leave, well China certainly has a lot of their own homegrown solutions, so that's not an entirely unreasonable option.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 2 points 1 year ago (2 children)

    No “just” is the beauty

    Sure, they can try, I suppose… but that’s a lotta billions and a huge % of global rev

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •