If you think the EU is looking out for their citizens you might want to take a look at their energy crisis. If they are providing a competitive environment for business why is their unemployment so high and economy constantly in the toilet with practically no innovation ? The problem with the EU is the massive disconnect between their lofty goals and reality. Laws and public policy are useful for some societal problems but you have to carefully consider the consequences.
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Apple to Be Fined Over $500 Million in EU Music Streaming Probe
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If you think the EU is looking out for their citizens you might want to take a look at their energy crisis. If they are providing a competitive environment for business why is their unemployment so high and economy constantly in the toilet with practically no innovation ? The problem with the EU is the massive disconnect between their lofty goals and reality. Laws and public policy are useful for some societal problems but you have to carefully consider the consequences.
While I think that will continue to be the case, it remains to be seen the impact of the DMA on that growth and the App Store's margins. Really don't think much will change, but the impact of the DMA has yet to be determined. It could, in some ways, strengthen Apple's position, in the financial and regulatory realms.
Volkswagen emissions scandal - Wikipedia
"As of 1 June 2020, the scandal had cost VW $33.3 billion in fines, penalties, financial settlements and buyback costs."
Cool. Let us fine Walmart for not allowing manufactures to advertise in their stores that you can get products elsewhere for cheaper! /s
come to macrumors and you’d think the EU just fined the commenter’s mother
Great, but if you were forced to shop in Walmart, and they charged double what you could pay elsewhere, but they wouldn’t tell you nor let anyone else tell you, I imagine you would have a different perspective.
Why proctect Apple? They should be consumer friendly and stick to the rules.
Well deserved. And looking at how Apple is circumventing sideloading rules, I hope the next fine will be in the billions.
Protect consumers.
I think we can all agree that Apple deserves something for having their walled garden, but that consumers should also be made to be aware of the cost of being within that walled garden. I personally don't see an issue with this ruling.
Apple do not base their business on emotions, instead counting their profit from each region. Losing a 400 million market and pushing all the current EU users to Android instead is the worst thing Apple could possibly do to themselves on the long term.
I thought Apple Music pricing was similar to all the other streaming services (except the free-with-ads model). Is pricing different in the EU?
The fine i €500M
The EU budget per year is €170600M
The fine represents 0,2% of the EU budget.
I don't think the EU will turn to fining Apple as "a reliable source of funding" anytime soon.
Kind of. Spotify still underpays artists and does not offer a lossless option. Otherwise yes, largely ok.
Yeah, and when was the last time everything that goes into your Louis Vuitton bag had to be purchased through their stores?
They go after “their own” too:
Largest fines given by EU competition policy authorities 2001-2018 | Statista
The EU's Directorate-General for Competition (DG Comp) is the European Commission's antitrust body, responsible for investigation and decision-making in competition law cases in the EU.
www.statista.com
What exactly do you mean by "EU"?
You can't possibly mean each individual citizen, you can't even mean each individual MEP, and the EU is really just an entity and thereby will not have emotion. So please explain.
Every EU bricks and mortar store should be required to allow Amazon to posts signs, next to their products, with competing prices and alternative offers. It's in the consumer's best interest. Never mind that the store owner had to pay for operating the store, marketing, and attaining the foot traffic. Forget the fact that the companies placing their merchandise on the shelves often pay a "slotting fee" to the store and have signed a contract agreeing to the terms.
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Sorry, pls delete your evidence as it's counter-narrtative and won't work around here.They go after “their own” too:
Largest fines given by EU competition policy authorities 2001-2018 | Statista
The EU's Directorate-General for Competition (DG Comp) is the European Commission's antitrust body, responsible for investigation and decision-making in competition law cases in the EU.
If I was any type of Android phone manufacturer, I would be hella capitalizing on this with the hits that keep on coming to Apple from the EU.
I'd agree if you were forced to get a subscription through Apple, but you are not. This is over Apple not providing an easy way for users to get something cheaper elsewhere. Absolutely nothing preventing users from going to Safari and signing up on their own.
It's death by 1000 cuts.
Adding everything together, is Apple really making any money in the EU ?
I used to scoff at post asking Apple to leave but now I think it's just a matter of time
.These are not Apples products.