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If Europe forces Apple to lower its commission by say 25%, that goes directly into the pockets of European companies, individuals, and taxes. It's a huge econom
by shadilay 5y ago
If Europe forces Apple to lower its commission by say 25%, that goes directly into the pockets of European companies, individuals, and taxes. It's a huge economic benefit. Why should they care if it makes some American monopoly sad?
- bradknowles 5y agoNo, it doesn’t. Relatively little of that money will stay local. The primary result will be that Apple will be hurt, and other multinational companies that benefit from Apple being hurt will rejoice — and the politicians who passed the laws will make their multinational paymasters happy.
- enos_feedler 5y agoEven if this cause/effective were to be true, are we really going to reduce the job of Europe and other nations to ignore reason/philosophy/etc and set rules just to put more money into the pockets of local companies/people? I mean in that case, there are LOTS of things a government could arbitrarily do with their power to bring more money home. But they don’t. Because they have principles