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Dangerous play with the EU. They don’t take kindly to this usually. I’m expecting a massive fine coming for Apple.
by RandomThoughts3 2y ago
Dangerous play with the EU. They don’t take kindly to this usually. I’m expecting a massive fine coming for Apple.
- JumpCrisscross 2y ago> They don’t take kindly to this usually. I’m expecting a massive fine coming for Apple. I hear this a lot, but what’s the precedence?
- RandomThoughts3 2y agoMeta and Google with the GDPR. It started nicely with the equivalent of a slap on the wrist but Meta finally got hit with a 1.2 billions fine for towing the line on international data transfer mostly because it’s the fifth time they are fined and apparently they had yet to get the message.
- Nextgrid 2y agoMeta and Google are still around and their business model is still fully based on non-consensual data collection and processing. This is a poor example, and if anything suggests that ignoring the EU's demands is a valid business strategy.
- bloppe 2y agoFrom the article: "Earlier this year, the European Commission fined Apple $1.95 billion for not allowing streaming music apps like Spotify to tell users about cheaper subscription prices outside of the app." These fines tend to ratchet up quickly for repeat offenses. The maximum for the DMA is 10% of global revenue, which for Apple would be like $40B or almost half their global operating profit for 2023
- JumpCrisscross 2y agoIs this final and unappealable? Has the EU collected? (Genuinely oblivious.)
- Nextgrid 2y agoCounterpoint: GDPR enforcement is near non-existent and breaching it is way more profitable than complying (see Facebook, Google, basically all advertising-funded tech).
- RandomThoughts3 2y agoCompletely invalid. The fines are currently ratcheting up significantly having passed the billion. That’s a very significant amount of money. It’s just not instant.