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Yeah, this isn't a parlor game, I have no idea why they think the antitrust pressure will abate by such bad faith nonsense moves. Next step for the EU is to mak
by kryptiskt 3y ago
Yeah, this isn't a parlor game, I have no idea why they think the antitrust pressure will abate by such bad faith nonsense moves. Next step for the EU is to make Tim Cook choose whether he wants to be CEO of the device side or service side of the broken up Apple. It's clear that fining them is useless.
- lannisterstark 3y agoAh yeah man EU is totally gonna break up apple. Some of y'all need to be reminded to be realistic.
- deminature 3y agoThe DMA has potential fines of 20% of global annual revenue for non-compliance. Apple is playing with fire here. Laws like GDPR and DMA are designed to be just as scary for big entities as small.
- smoldesu 3y agoThe US might. Microsoft narrowly avoided a company breakup over web browser policies, it seems entirely feasible that Apple's App Store could lead down the same path.
- johnbellone 3y agoOr any of their embedded features. Apple Pay, for example.
- cromka 3y agoThat’s getting “fixed” in upcoming release, in EU at least.
- leifross 3y agoOn the contrary, this tantrum by no means works to lessen the growing idea that control of the platform should be put into the hands of a independent third party. While not European in origin, the platform holds and manages tremendous value for us, to the extent where small changes can cause mayor economic disruption, and Apple has not been managing it fairly. And for a state actor, which exists to serve the common good, it is not acceptable that a single company holds and abuses this kind of power.
- xvector 3y agoThe EU is economically meaningless on the grand scale. They are only 7% of Apple's revenue, and similarly low for other companies. And every day they become a less profitable market to operate in. The EU holds power only as long as the rest of the world is willing to deal with its BS. Trying to "break up Apple" is simply not within the EU's power as Apple is worth more than the EU's whole tech industry combined. Apple would simply leave and the whole region would be left with shiny bricks. If the EU pursues this with big tech at large it will find itself in the 80s. It needs US big tech far more than US big tech needs it.
- akie 3y agoIf US big tech doesn't need the EU, then why do they keep on bending to its will?
- xvector 3y agoAs long as the opportunity cost is positive it will stay. The EU is trying its hardest to make the opportunity cost negative.
- mordae 3y agoNot really. If this goes on, EU will simply cozy up to China a bit more. Let's see how Washington will react to that.
- fundatus 3y agoThe EU's single market is the second largest economy (GDP nominal) in the world after the US and before China.
- leifross 3y agoLast time I checked, Apples holdings are all based in Ireland. So from a legal standpoint, it's a Irish company, held accountable by EU law. It can't "simply leave".
- 3y ago
- rbits 3y agoNo, not break them up, but fine the heck out of them