652
EU fines Apple $568m for deterring third-party payment methods on App Store
(www.gamesindustry.biz)
this post was submitted on 24 Apr 2025
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except only loosing 568m is just "the price of doing business" for them and it's not much of a deterrent to make them stop. they made more than that by doing this so it's still a net profit
While true, 568m is a significant cost of doing business. Also remember that a punitive action should not make the company go bankrupt, it should make them rethink.
And if they don't, the fines will go higher, until they do rethink.
If they keep not complying, which is my understanding of what apple has been doing, they should absolutely be bankrupted. Or something drastic.
A warning, which will make other companies self-Police, bringing down the cost of enforcement.
Countries are so permissive of corporate bad behaviour it's not even funny.
Perhaps I worded it poorly, but my point was that companies shouldn't go bankrupt when they make a mistake.
If you keep doing it after you've been told, then you're no longer just making a mistake it's obviously malicious, but I don't think then Apple should go bankrupt when they incorrectly implement a new law.
While I personally don't think it's accidental, you should be more lenient towards a first offense for any new law (unless you can prove it was intentional, which is incredibly hard).
I mean that would imply they stood to gain $568M by not allowing 3rd party app stores. Seems unlikely.
one of the most profitable companies in the world, it seems very likely
How much money do you think Google loses to 3rd party app stores? Considering they've been allowed from the beginning and are also one of the most profitable companies in the world?
Companies don't do shit that costs them money for no reason.
There are only two reasons a for profit company would do something, for profit or because the law is making them.
Well I think it's fair to assume that they not only didn't know for certain that they would be charged/fined but also how long it would take for that to happen or how much it would be. And they rolled the dice. They're definitely greedy but they're not omnipotent.
Likely. I guess I should clear up what I'm trying to get at, companies that large and monopolistic spend immense amount of resources doing everything they can to stifle competition because it's profitable to do so. They made the move knowingly approaching if not downright crossing the line, because their analysis showed them it would turn out to be profitable. Will we be fined? Probably not. If we do, can we afford it and still turn a profit?
Sorry, I don't understand how that's supposed to answer my question?
I missed. Meant to be aimed at your first comment up there
Right. And the fines will continue, lol.
maybe, maybe not