4 ms·

I would love to see the EU swiftly put down the law and make an example of Apple in this case. I'm sure it won't take too many 10% of global revenue-fines befor

by occz 3y ago

I would love to see the EU swiftly put down the law and make an example of Apple in this case. I'm sure it won't take too many 10% of global revenue-fines before they get in line.

nozzlegear 3y ago
Why should the EU fine 10% of Apple's global revenue when they're violating an EU-specific law? Shouldn't they just fine 10% of EU revenue? > I'm sure it won't take too many 10% of global revenue-fines before they get in line. I'm sure it won't take too many of those before Apple just decides to leave the EU wholesale, as it only accounts for around 10% of their own annual revenue.
- mik1998 3y ago
  The EU should fine as much as it is necessary to financially impact the corporation for violating the laws.
- aaomidi 3y ago
  > Why should the EU fine 10% of Apple's global revenue when they're violating an EU-specific law? Shouldn't they just fine 10% of EU revenue? The precedent for global enforcement of rules has already been set by the US.
- extraduder_ire 3y ago
  It's global revenue (all the way up the ownership structure) because that closes one of the world's most obvious loopholes, where you create an EU-based subsidiary that takes a tiny commission for selling products/services from non-EU companies, therefore having minimal revenue to fine. The GDPR fine structure works the same way. Though, 10% is a limit, fines usually start smaller. If you've read up on BEPS, or most forms of tax-minimization that occur in EU countries, it makes perfect sense that they'd expect that to happen.
  - nozzlegear 3y ago
    That's true, I forgot about the subsidiary sneakiness that corps do all the time. My thought process when asking the question was that yesterday I'd read a discussion here on HN about the US District Court testimony where Tim Sweeny/Epic said that they had deliberately flouted and broken Apple's developer agreement; the argument was that this testimony "doesn't count" because it happened outside of the EU – despite Epic and Epic Sweden being the same business run by the same guy.

by occz 3y ago

I would love to see the EU swiftly put down the law and make an example of Apple in this case. I'm sure it won't take too many 10% of global revenue-fines before they get in line.

nozzlegear 3y ago

Why should the EU fine 10% of Apple's global revenue when they're violating an EU-specific law? Shouldn't they just fine 10% of EU revenue? > I'm sure it won't take too many 10% of global revenue-fines before they get in line. I'm sure it won't take too many of those before Apple just decides to leave the EU wholesale, as it only accounts for around 10% of their own annual revenue.

mik1998 3y ago
The EU should fine as much as it is necessary to financially impact the corporation for violating the laws.
aaomidi 3y ago
> Why should the EU fine 10% of Apple's global revenue when they're violating an EU-specific law? Shouldn't they just fine 10% of EU revenue? The precedent for global enforcement of rules has already been set by the US.
extraduder_ire 3y ago
It's global revenue (all the way up the ownership structure) because that closes one of the world's most obvious loopholes, where you create an EU-based subsidiary that takes a tiny commission for selling products/services from non-EU companies, therefore having minimal revenue to fine. The GDPR fine structure works the same way. Though, 10% is a limit, fines usually start smaller. If you've read up on BEPS, or most forms of tax-minimization that occur in EU countries, it makes perfect sense that they'd expect that to happen.
- nozzlegear 3y ago
  That's true, I forgot about the subsidiary sneakiness that corps do all the time. My thought process when asking the question was that yesterday I'd read a discussion here on HN about the US District Court testimony where Tim Sweeny/Epic said that they had deliberately flouted and broken Apple's developer agreement; the argument was that this testimony "doesn't count" because it happened outside of the EU – despite Epic and Epic Sweden being the same business run by the same guy.