Apple may face a mammoth fine after the EU said it violated competition rules (www.engadget.com)
from jeffw@lemmy.world to world@lemmy.world on 25 Jun 2024 03:32
https://lemmy.world/post/16899727

#world

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Viking_Hippie@lemmy.world on 25 Jun 2024 12:39 next collapse

up to 10 percent of its global annual revenue

Should a DMA violation be repeated, fines can reach up to 20 percent of global annual revenue.

That’s over a thousand dollars!

Throughout the past several months, Apple has made a number of changes to comply with bypass the DMA

Fixed that for them

We are confident our plan complies with the law,

It most likely doesn’t.

and estimate more than 99 percent of developers would pay the same or less in fees to Apple under the new business terms we created.

Translation: current fleecing levels will remain

All developers doing business in the EU on the App Store have the opportunity to utilize the capabilities that we have introduced, including the ability to direct app users to the web to complete purchases at a very competitive rate.

You’re still free to pay us for using the cheaper services provided by others.

As we have done routinely, we will continue to listen and engage with the European Commission.”

We’re paying close attention to find out how best to bypass the law without paying the fines

delaying the rollout of Apple Intelligence — the company’s name for a suite of generative AI features that will debut in iOS 18 — and some other features in the EU. “We are concerned that the interoperability requirements of the DMA could force us to compromise the integrity of our products in ways that risk user privacy and data security,” the company told Bloomberg.

Translation: they won’t let us monetize every tiny bit of data with no compensation or even notice

Fuck Apple. Fuck their walled garden profiteering bullshit. FUCK their blatant lies about it.

awesome_lowlander@lemmy.dbzer0.com on 25 Jun 2024 14:01 collapse

That’s over a thousand dollars!

This line I take issue with. EU penalties are possibly the most painful of all marketplaces worldwide.

Viking_Hippie@lemmy.world on 25 Jun 2024 14:27 collapse

I know, I was just being silly for the sake of being silly on that one heh.

Fining Apple tens of billions of dollars is genuinely a great start towards making it not financially viable for them to break the law, so I’m all for it!

xmunk@sh.itjust.works on 25 Jun 2024 13:07 next collapse

Is the fine more than a hundred billion? If not it’s fucking chump change to Apple.

HollandJim@lemmy.world on 25 Jun 2024 13:15 collapse

Easy for many to jump on the “fuck Apple” bandwagon, but the EU doesn’t say what they want - just “nope, it’s not that…”.

The EU Is Reaping What It Sows With the DMA: Uncertainty

awesome_lowlander@lemmy.dbzer0.com on 25 Jun 2024 14:00 collapse

Personally, I’m happy to see regulations that hold megacorps to the spirit and intent of those regulations, rather than having a dozen loopholes they can pass through. The lawyers are of course unhappy since they can’t argue in court that they met the absolute minimum letter of the law.

arandomthought@sh.itjust.works on 25 Jun 2024 17:48 collapse

Thank you, this gets to the core of the problem. Exorbitant amounts of money and effort is spent to find where the letter of the law does not match the spirit of the law. Language is messy, so it never completely will. But in cases where the spirit of the law is so obvious I’m happy when it’s enforced instead of letting them off on technicalities.