Re:Apple found in breach of EU competition rules
by stouset on Tuesday June 25, 2024 @02:16AM
(#40785065)
> Apple is doing its best to be a monopoly
Apple is quite literally a minority player in the EU.
Re:Apple found in breach of EU competition rules
by greycol on Tuesday June 25, 2024 @07:21PM
(#40794814)
Rather than going in to details why that doesn't matter, with relation to monopolistic power, I'll just let you extrapolate your reasoning to the following:
The EU population is quite literally a minority of the world population.
Re:Apple found in breach of EU competition rules
by stouset on Thursday June 27, 2024 @12:23AM
(#40807193)
Apple has less than 30% market share globally.
Meanwhile the EU—a minority of the world population—levies fines based on global revenue.
Re:Apple found in breach of EU competition rules
by greycol on Sunday June 30, 2024 @04:49PM
(#40840250)
Of course the fines are punitive, that's because the fines aren't supposed to be a revenues source for the EU they're supposed to deter behaviour (To the point the first round of them are often dimunitive or waived entirely before ramping up steeply if the behaviour doesn't change).
Another reason the fines are based on global revenue are to get around all the income shenanigans tech companies play, or do you really believe google's most profitable country is Ireland?
>Apple has less than 30% market share globally.
The EU is less than 30% of the population globally, and only 10% of iphone sales. By your logic clearly what it does doesn't have an outsized effect on apple that needs to be corrected.
I see your point.
But there are trade-offs. Apple is doing its best to be a monopoly, and so tell them what to charge or break them up.
Or simply allow the monopolist practices to do what they do and eventually one firm will own everything.