French Court Lowers Antitrust Fine Against Apple Over Third-Party Retailer Pricing

[MacLawyer]

That is a lot of dough!

Many croissants!!

 

[Unregistered 4U]

Interesting. I think French retail workers at Apple would benefit quite a bit if Apple actually used that money for that purpose!

Well, Apple’s paying it to the government, so the government is in a position to turn that money into pay raises. I doubt they will.

 

[Unregistered 4U]

This was a case that actually had some antitrust elements. It provides a bit of a view into cases that are brought forward with actual antitrust elements.

 

[svish]

Another good day for Apple. That is a lot of reduction from the original fine amount!

 

[_Spinn_]

That's a pretty big reduction!

 

[avz]

Why does an American company have to listen to some European country?

Politics is more complex than this. When US government needs to put a pressure on Apple it uses its EU "satellites" to pressure Apple as well.

 

[senttoschool]

EU can't innovate because of taxes and regulations. Instead, they're desperately trying to suck money from American companies.

Don't pay them a single cent Apple. Fight them. Drag it out.

US government also needs to retaliate by fining a French company an equal amount.

 

[avz]

EU can't innovate because of taxes and regulations. Instead, they're desperately trying to suck money from American companies.

Don't pay them a single cent Apple. Fight them. Drag it out.

US government also needs to retaliate by fining a French company an equal amount.

The EU capital(money) is most likely already moving to the US. The EU's economical "miracle" is not going to work without an access to cheap energy.

Just like the body can cannibalize its own muscles, capitalism cannibalizes some of its own parts. The time has come for the EU.

 

[cmcbhi]

Why not just charge the "wholesalers" the same price that Apple Stores charge. Thenlet them sell at whatever price point they wish.
EUgo, don't ya love it??

 

[Unregistered 4U]

EU can't innovate because of taxes and regulations. Instead, they're desperately trying to suck money from American companies.

They’ve essentially painted themselves into a corner as no company based in the EU will ever be want to be tagged a “Gatekeeper”. Promising companies that may have had a credible chance at becoming the NEXT Facebook won’t be getting started from any of the EU regions and the potential to have those billions of dollars flowing to an EU company has been cut off.