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[Bernoulli]

The EU has announced investigations into some of the biggest tech firms in the world over uncompetitive practices.

Meta, Apple, and Alphabet, which owns Google, are being looked into for potential breaches of the Digital Markets Act (DMA) introduced in 2022.

If they are found to have broken the rules, the firms can face huge fines of up to 10% of their annual turnover.

EU antitrust boss Margrethe Vestager and industry head Thierry Breton announced the investigations on Monday.

Just six companies have obligations under the DMA, but they are also the world's largest tech firms: Alphabet, Apple, Meta, Amazon, Microsoft and ByteDance.

Press corner

Highlights, press releases and speeches

ec.europa.eu

 

[Xyphie]

The expected outcome. Tim Cook really wants to pay that 10% of yearly revenue fine. Just enable sideloading and stop destroying shareholder value.

 

[Cyberpunkd]

Europe stays winning.

 

[Bojji]

Good stuff. I hope it will end up with some pro consumer results.

 

[Mithos]

The expected outcome. Tim Cook really wants to pay that 10% of yearly revenue fine. Just enable sideloading and stop destroying shareholder value.

Apple being Apple will be going for the 20% yearly revenue repeat offender fine no doubt.

 

[hemo memo]

EU winning again.

 

[Bojji]

Apple being Apple will be going for the 20% yearly revenue repeat offender fine no doubt.

 

[hemo memo]

Good stuff. I hope it will end up with some pro consumer results.

Most likely but sadly only EU. I wish they could regulate outside EU.

 

[CuNi]

Apple being Apple will be going for the 20% yearly revenue repeat offender fine no doubt.

Offset it to the costumers and market it as a "premium". They will pay double just because a half-eaten apple is on that device.

 

[ScHlAuChi]

Nov 1st - 2022:
EU: Hey Apple, we have that new law that will go into effect on March 7 2024 that regulates you guys!
Apple: Nice, nice, but your laws are bad for us, so I dont think we will care.
EU: This is not a negotiation.
Apple: Whatever! We´re not changing shit!

March 7th - 2024:
EU: Hey Apple, you guys didnt comply to our new law eventho you had over a year to prepare for it!
Apple: OK FINE! Your new law sucks balls, but we will change a few little things so you can shut the fuck up! There! Happy now?
EU: This is not a negotiation. We are going to open up an investigation for breaking the law and fine you if you found guilty!
Apple: YOU GUYS ARE SO UNFAIR TO US!

-

Apple is supposed to be run by super smart people, yet they did not see that coming?

 

[Sushi_Combo]

Love this. EU is really paving the way for consumer protections and holding these megacorps accountable.

 

[Hudo]

Nov 1st - 2022:
EU: Hey Apple, we have that new law that will go into effect on March 7 2024 that regulates you guys!
Apple: Nice, nice, but your laws are bad for us, so I dont think we will care.
EU: This is not a negotiation.
Apple: Whatever! We´re not changing shit!

March 7th - 2024:
EU: Hey Apple, you guys didnt comply to our new law eventho you had over a year to prepare for it!
Apple: OK FINE! Your new law sucks balls, but we will change a few little things so you can shut the fuck up! There! Happy now?
EU: This is not a negotiation. We are going to open up an investigation for breaking the law and fine you if you found guilty!
Apple: YOU GUYS ARE SO UNFAIR TO US!

-

Apple is supposed to be run by super smart people, yet they did not see that coming?

Apple and big tech at large always start behaving like unprofessional little bitches when something happens that isn't in their favor.

 

[cyberheater]

Nov 1st - 2022:
EU: Hey Apple, we have that new law that will go into effect on March 7 2024 that regulates you guys!
Apple: Nice, nice, but your laws are bad for us, so I dont think we will care.
EU: This is not a negotiation.
Apple: Whatever! We´re not changing shit!

March 7th - 2024:
EU: Hey Apple, you guys didnt comply to our new law eventho you had over a year to prepare for it!
Apple: OK FINE! Your new law sucks balls, but we will change a few little things so you can shut the fuck up! There! Happy now?
EU: This is not a negotiation. We are going to open up an investigation for breaking the law and fine you if you found guilty!
Apple: YOU GUYS ARE SO UNFAIR TO US!

-

Apple is supposed to be run by super smart people, yet they did not see that coming?

Sounds about right. I hope the EU nails them to a wall. Your move Apple.

 

[kikkis]

I think this just reduces likelihood of another os. No startup can keep up with these regulations. Looking forward to using ios 67 in 2050 with no ecryption due to regulations. Got to think of the children.

 

[Bojji]

I think this just reduces likelihood of another os. No startup can keep up with these regulations. Looking forward to using ios 67 in 2050 with no ecryption due to regulations. Got to think of the children.

New OS? Google and Apple have duopoly, don't expect new system unless it's from them.

Free market rules don't apply to entities like them, they can destroy or buy any small competition.

 

[Saber]

I think its great news. Those big companies needs to cool down their dominance and harmful tatics.

 

[kikkis]

New OS? Google and Apple have duopoly, don't expect new system unless it's from them.

Free market rules don't apply to entities like them, they can destroy or buy any small competition.

Yep. Still using myspace and facebook. They destroyed competition.

 

[Bojji]

Yep. Still using myspace and facebook. They destroyed competition.

Facebook is another mega corporation.

I was talking about OSs on phones.

 

[Mithos]

Offset it to the costumers and market it as a "premium". They will pay double just because a half-eaten apple is on that device.

We're already getting screwed on the prices so, nothing will change then.

Apple homepage USA: iPhone 15 Pro Max 1TB ~us$1600
Apple homepage SWE: iPhone 15 Pro Max 256GB ~us$1700 (17,995sek)
Apple homepage SWE: iPhone 15 Pro Max 1TB ~us$2270 (23,995sek)