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The practical implication of this is also that it is a huge market. You can ignore that at your own peril. And another thing is that the EU is inspiring other c
by jillesvangurp 3y ago
The practical implication of this is also that it is a huge market. You can ignore that at your own peril. And another thing is that the EU is inspiring other countries to also change their regulations. In the end what companies need to decide is if they can afford losing and alienating major markets across the globe.
E.g. Apple sells lots of iphones and other hardware in the EU. That should be more valuable than giving themselves preferential treatment in their own store, banning competitors from using their browser on IOS, and other anti competitive things that they are doing. And that's just Apple. Arguably, Google, Amazon, Meta, etc. each have their own issues with regulations in the EU.