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*insert Mike Myers One Million Dollars meme they made more than the fine, so it's just reduced profit a little. mere higher cost of business and continue as us
by 1oooqooq 2y ago
*insert Mike Myers One Million Dollars meme
they made more than the fine, so it's just reduced profit a little. mere higher cost of business and continue as usual.
- riffraff 2y agoThe DMA fines are not supposed to be punitive damages, they're a tool to correct behavior, like the GDPR. If Apple & co don't comply there are higher amounts that can be imposed, but the idea is that the companies will comply before that.
- mdhb 2y agoThe EU made a serious point that these are the first time they are issuing those fines as as such have capped them as a signal to show that they are serious but also that they aren’t taking the maximalist approach some in the US are accusing them of. They can legally go for 10% of global revenue if I’m not mistaken as the top level of fines and both Apple and Meta would be wise to not find themselves as repeat offenders as a result.