this post was submitted on 11 Sep 2024
580 points (99.2% liked)

Technology

59374 readers
7261 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
580
Google and Apple lose their court fights against the EU and owe billions in fines (abcnews.go.com)
submitted 2 months ago by [email protected] to c/[email protected]
43 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 67 points 2 months ago (2 children)

I'm glad that corporations are actually receiving fines that are commensurate with their earnings and scale. Hopefully it's enough to get them to not do this shit.

[–] [email protected] 10 points 2 months ago (1 children)

This is still a footnote on their quarterly reports. These are multi trillion companies.

[–] [email protected] 5 points 2 months ago

You say that like I'm unaware - maybe I should needlessly remind you that most of these fines are generally in the millions of dollars. A step in the right direction is not a bad thing.

Regardless, I'm not sure shareholders will think of it that way if the anti-trust practices continue and the fines accrue. The EU likes to be punitive when their orders are ignored.