Apple Charged with Violating EU’s Digital Markets Act Rules and Preventing Devs from Steering Consumers to Alternative Offers, Content

[Tsing]

Apple, the tech giant best known for its lineup of iPhone and MacBook products, is the first technology company to be charged with violating the European Union's Digital Markets Act (DMA), a law that the European Parliament adopted in 2022 to make the markets in the digital sector fairer and more contestable, according to a new press release that surfaced on the official European Commission website today.

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[Grimlakin]

Let's see if the cost is greater than profit generated.

 

[Zarathustra]

Let's see if the cost is greater than profit generated.

10%-20% of Apples global digital revenue is a pretty substantial amount of money.

I'm generally critical of regulations with fines that are smaller than the earnings from the illicit activity. The SEC in the U.S. is notorious for this. It just turns breaking the law into a cost of doing business. If you ask me, the minimum fine should be the full amount earned from the banned practice, and then there should be a "damages" factor applied on top of that.