Re:Europe is in danger of regulating its tech market out of ...
by t1hrowaway on Friday July 26, 2024 @06:38PM
(#41082963)
The price looks reasonable to me after looking at the average revenue per user.
https://www.statista.com/statistics/234056/facebooks-average...
Re:Europe is in danger of regulating its tech market out of ...
by ameister14 on Friday July 26, 2024 @10:09PM
(#41083991)
I don't think reasonable prices are based on what the potential maximum profit per user is. Normally it's based on the expense per user plus a percentage for profit.
Re:Europe is in danger of regulating its tech market out of ...
by Nasrudith on Saturday July 27, 2024 @12:09PM
(#41087436)
Your mistake is assuming that "reasonable" exists as something concretely defined. Reasonable is an opinion.
Re:Europe is in danger of regulating its tech market out of ...
by ameister14 on Saturday July 27, 2024 @02:01PM
(#41088268)
Reasonable is definitely an opinion, but that doesn't mean it's random.
In legal and economic contexts, reasonable profits are a thing that is routinely calculated. Where industries are more regulated, 'reasonable' profits are often bound by statutory guidelines. In more competitive markets, prices are not fixed in the same way but you can take a look at industry standards to ascertain what might be reasonable.
Re:Europe is in danger of regulating its tech market out of ...
by fallingknife on Friday July 26, 2024 @08:32PM
(#41083608)
That is perfectly honest. If it were 10x that it would still be honest. Pay the price or don't use the service. Nobody owes you anything.
> They’re demanding that Meta provide free full services without personalized ads or a monthly fee for users.
Meta is being sued because their paid plan is not honest - they are currently asking for 10€/month which is disproportionate - for comparison, a Business Standard Google Workspace account with 2Tb and Gemini costs 11€. From [1], "EU law requires that consent is the genuine free will of the user. Contrary to this law, Meta charges a 'privacy fee' of up to €250 per year if anyone dares to exercise their fundamental right to data protection".
[1] https://noyb.eu/en/noyb-files-gdpr-complaint-against-meta-ov...