Are the fines to bring these companies to heal or to flush out the Government coffers?
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Apple, Google Could Face Large Fines Under New UK Digital Consumer Bill
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Are the fines to bring these companies to heal or to flush out the Government coffers?
Things like this are why we won the war...sounds like they adapted the one from the EU
You think those regulations are bad? Google what an "Ordnungsamt" is.
Here are a few examples of Germany:
I could go on and on
- You are not allowed to vacuum clean between 1pm and 3 pm (resting hour) or Sundays*
- You are not allowed to throw away your glass after 7 pm or on Sundays (too much noise)
- Your dog leash is only allowed to be 1 meters on streets or 2 meters at parks **
- You are not allowed to wash your car on the street (oil could spill to the ground water)
- Your dog is only allowed to bark 30 minutes per day, only 10 minutes at a time. No barking between 1 pm and 3 pm and 7 pm to 8 am
- No loud noise after 10 pm (neighbors are very serious about that one!)
*people still do it and so do I but if you have a bad relationship with your neighbours, they could call the "Ordnungsamt"
** depends on the city / state
Note: I only posted this to point out the cultural differences and why those company regulations may seem excessive to Americans but pretty normal and reasonable to us since we are "used to it"
There are plenty of private hospitals and insurance companies that operate for profit in Europe.
The existence of contradictions doesn't mean larger trends aren't true. The US healthcare system overall is a for-profit exercise and a very ineffective one at that, even though it obviously generates good results in some areas.
We have been moving away from social democratic principles and you're attributing the fallout to socialism? That's interesting mental gymnastics.
Besides, last time I checked the US wasn't some kind of utopia without massive income inequality, crippling education costs or negligible cost of living so, you know, capitalism "looks great on paper but fixes nothing." A bit simplistic? Agreed.
So going back to what the article is about, small business simply cannot grow where they are being crushed by big corporations.
The digital device you hold in your hand is in the process of becoming a piece of infrastructure necessary to participate in society. That may sound overly dramatic but think about it: it's the gate to your finances, to access some public services, it's the thing on which you as a company want to reach consumers both for the physical and digital economy etc etc etc.
If Apple and Google decide to not host your service on their marketplaces you are done for. If iOS dominates your country any competitor to Apple Pay is likely doomed.
We could go on, but the point is that these are not just consumer electronics anymore but they have a very real and tangible role in society and the local economy and so it's only natural and understandable that governments wouldn't leave all of the policy making to private enterprise to the detriment of its own economy.
Why should they?
So how do you feel about the US Open App Markets Act that are currently being worked on in the US and have a lot of support? Who is it the US can't compete with then?
The US will most likely introduce the same type of legislation on Apple+Google as the EU and GB as some point.
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2nd Amendment has that covered.
The problem with that is the people struggling at the bottom of the economy pay little to no taxes already. Cutting taxes will only help the better off. It's no surprise that LVMH is now the first European company to be valued at more than $500bn with its stock rising in a economic crunch.
And make way for someone else. Great thinking there. Somehow I don't think large corporations operate on the basis of personal pique. Storming out in high dudgeon might make the grade for a telenovela cliffhanger but multinationals care more about money than hurt feelings.
Minimal government involvement in the workplace means the Wild West. Corruption, gangsterism, oligarchy and exploitation will be the outcome. We saw that in Russia when the soviet union collapsed and laws took a while to catch up to changing circumstances. It takes a shedload of goverment involvement to create an atmosphere where small businesses think it is worth all the risk of starting a company. Even the largest companies (hint: Amazon) demand government sweeteners before they think of opening up shop somewhere.
You have a source for that number?
I looked and could not find anything I could confirm.
I've owned 12? iPhones, 7 iPads, and 3 MBs. 5 needed warranty work. One of them needed it 4x.
Either I am unlucky or the need for Apple Care + is over-marketed.
Taxation in Sweden - Wikipedia
Social insurance system
This is a brief introduction to the Swedish social security system that tells you what Försäkringskassan is and what you need to consider if you apply for compensation from us.
www.forsakringskassan.se
FYI...
Here is some 2021 data regarding Apple product warranty and AppleCare claims and sales:
Free healthcareTaxation in Sweden - Wikipedia
en.wikipedia.org
Does that sound pro-capitalism?Social insurance system
This is a brief introduction to the Swedish social security system that tells you what Försäkringskassan is and what you need to consider if you apply for compensation from us.www.forsakringskassan.se
Does this sound like Sweden is a “socialist” as it used to be?
Is Sweden Socialist? No, but... | Jon Henschen
The glory days for Sweden economically took place prior to the 1960s, when they had a free economy, low regulation and lots of wealth. Between 1870 and 1950, Sweden became one of the richest countries. But by the mid-1990s, the country had growing economic problems because it continued to...
fee.org
Nordic Countries Aren’t Actually Socialist
Denmark, Norway, and Sweden shouldn’t be held up as socialist utopias.
foreignpolicy.com
Sweden Isn't Socialist
In international economic-freedom comparisons, Sweden often earns a higher ranking than the U.S.
reason.com
1. The US healthcare industry is based on the fact, that services cost money. You have choice of insurance, doctors, hospitals and the level of care. Yes, this means that not everyone gets the same care. In a finite world, life isn't fair and there will be differences. Capitalism works when there is a meritocracy. Socialism works with an elite class overseeing the commoners. The elite, Ruling Class, takes money from the earners and gives it to the votes. Capitalism allows opportunities for everyone to better themselves. It is the ultimate level playing field. Self Employment and small business decentralize money. Don't like your job? Open your own business! Yes, you'll work harder and longer, but you are in control of your life.
2. Since WW2, the West has been moving and more and more towards socialist programs. Even during the Cold War, when communism was a curse word, more and more social programs were becoming the norm. Some, I agree with. Some I wholeheartedly support. What I dislike is the entitlement mentality that the government should spoon food everyone from birth to death. All this does kills ambition, encourages laziness and punishes those, via high taxes, who succeed.
3. The entire App market was built around Apple and the App Store. It has largely worked with Google and others creating their own App stores. I am not advocating for allowing or disallowing other App stores. I'm simply saying that I'm not sure more government involvement is the key to betting the consumer experience. If it was just opening up the App Store, why is Google in trouble? Android allows for other downloads. The evidence points to government unhappy with the success and size of Big Tech. That could be a problem, but why sugarcoat it and say it's about App Store when, in reality, the governments are just jealous of the power these companies carry due to their size.
Apple's market capitalization is 80% of UK's GDP. Seems like that is what is really bugging them.
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Canceling subscriptions is an absolute mess have you tried Cydia? Your a tad defensive to put your mind at ease....I'm commenting on the article not disputing the ability.
You're comparing Russian corruption to the capitalist America? Really?
The US constitution and founders invented modern capitalism which resulted in both enormous technological breakthroughs and the betterment of global population and mortality rates. Capitalism encourages growth, rewards ambition and provides opportunities. Socialism kills ambition, stunts self employment and rewards laziness.
This is good for consumers. The biggest problem with fines is companies like Apple treat them as a cost of doing business because the profits made don’t eclipse the fines
This is a good step in changing that
When I cancelled service with Comcast several years ago I had to call them and the only way to quickly shut down the retention chat was to tell them I was moving to a Cox area so they couldn't try to get me to transfer service or anything.
Some are harder than others - Cable and gym memberships being some of the hardest. Followed closely by timeshares, I'd imagine
.As a Brit who uses all these companies, I whole heartedly agree. However it's something the government of the day will ensure never ever happens.
This sounds great in principle, I'm all for being able to find companies 10% of their global annual turn over, but as this is a government department putting it through I doubt it'll ever be successful.
We had 3G video calling way before Apple launched it.
That article is heavily biased. The private schools in Sweden are _not_ better according to research, there is a fierce debate on how hard they will need to be regulated and the reform is generally seen as a big failure. The only store allowed to sell alcohol is still the government store. Yes, most of the monopolies have been sold out during the right wing rule in the early 2000s, but the idea that the state has to own the "means of production" was outdated years ago, only communists still push that agenda.Does this sound like Sweden is a “socialist” as it used to be?
Sweden Isn't Socialist
In international economic-freedom comparisons, Sweden often earns a higher ranking than the U.S.
The government in Sweden _do_ run pensions, healthcare and social security. There is a tiny bit of your pension you are allowed to manage yourself or use private companies, but that is nowhere near the amounts that the government decide over. This year, the age of retirement was raised to 66 and the age will be stepped up one year for every 5 years to make sure the retirement funds can support everyone. I expect to retire at age 71.
There are private hospitals (very few) but you can still go there and not have to pay any extra. Private schools are the same. You are allowed to choose whatever school you like, the only difference is who gets your taxes: public schools or private schools, the taxes are still managed by the state.
The notion of "free market" being "more free" is sorta silly. Sweden is part of the EU, market rules apply equally to all EU countries. We are not allowed to regulate market more or less than any other EU country. Remember Ireland was fined by the EU for giving Apple tax breaks?
"Socialism" is a very diverse set of ideas that can't be easily boiled down to a few bullet points, some of the ideas and concepts are even conflicting.
When GOP cries socialism in the US, the ideas they shun are usually considered to be mainstream or even right wing in Europe.
In the last 100 years, Sweden has had a government run by the Social democratic party during 75 of those. We still have a "left party" (they dropped "Communist" from the name a few years back) that push some of the communist agenda, and they get around 10% of the popular vote. The Social Democrats gets around 35%.
Fantastic, I'd love for them to do that with all these comments. You can then argue amongst yourselves as to why Apple collapsed as a company after. Won't have anything to do with billions and billions and billions in lost revenue and share holders dumping stock I'm sure.
Why would they leave? They will only be fined after a very long drawn out investigation and court involvement and after all avenues have failed. And they break the law? The EU won't treat them any better when it comes to competition laws.
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Google is part of it because they meet the turnover criteria/threshold and therefore shouldn't be excluded. They have to follow the same rules as Apple and any other company meeting the criteria.
Large companies are typically the ones which potentially face regulations like this because they are the ones that have the most market impact and influence. Small companies simply don't wield the same market power.
I assume you meant market cap and not market share.
I really don't think that in particular is what’s "bugging them" as they are also going after companies smaller than Apple given the £25 billion global or £1 billion UK turnover threshold.
As a line in a film once said, 'governments change but the problems remain the same' said in the context of different country's. If we had no politicians the world would be a better place, probably.
Utter nonsense. If you can't get the word out to consumers, you're not trying. Apple doesn't control what you are making, how and where you promote your new product, or any other shackle to your efforts.
That article? I posted three and there are others. The general conclusion among these various articles seems to be Sweden started shifting a bit away from socialism and more towards capitalism in the 1990s.
The paying to use roads is coming into the UK. It's an idea they keep looking into. So I wouldn't use that as an argument against socialism....
Yes, and that all came about with a whole host of laws, regulations, oversight and sanctions. if you were to pare those back to "minimal government intervention", you would get exactly the chaos that Russians endured.