News for hackers. Stuff that matters.

A comment on EU Launches Probes into Apple, Meta, Google Under New Digital Competition Law. Parent comment

Re:EU Launches Probes into Apple, Meta, Google Under New Dig... by cbg0 on Monday March 25, 2024 @08:24AM (#39815421)
> the EU is a de-facto United States territory

This is low quality flame-bait.

The EU has several large antitrust fines against US companies: https://www.statista.com/chart/14752/eu-antitrust-fines-agai...

[ Parent | on HN ]
Re:EU Launches Probes into Apple, Meta, Google Under New Dig... by swat535 on Monday March 25, 2024 @08:40AM (#39815575)
Yes but fines are just a cost of doing business for these companies. They will simply pass on the buck to consumers.
[ Parent | on HN ]
Re:EU Launches Probes into Apple, Meta, Google Under New Dig... by cbg0 on Monday March 25, 2024 @08:50AM (#39815665)
This is a very simplistic way of viewing this. The goal of a fine is to correct bad behavior, not to destroy a company; If their behavior is not corrected you can serve heavier fines and even jail time for executives until the bad behavior is resolved.
[ Parent | on HN ]