Namely, the fact that Apple charges a "Core Technology Fee" for developers who want to "steer" users to offers outside of its App Store. There's also an additional 3% that goes to Apple if a developer uses its payment processor.
EU to charge Apple under Digital Markets Act, impose a fine of up to $50 million per day - GSMArena.com news
Submitted 11 months ago by sabreW4K3@lazysoci.al to technology@beehaw.org
Comments
Eggyhead@kbin.run 11 months ago
onlinepersona@programming.dev 11 months ago
Hmmm… 18,250M per year or 18.25B per year. For a trillion $ company, that’s 0.18%. Wasn’t that supposed to be more?
TexMexBazooka@lemm.ee 11 months ago
You’re comparing their revenue to their stock market valuation. Apple to oranges.
onlinepersona@programming.dev 11 months ago
Ah, I thought 1T was their revenue. My bad.
B0rax@feddit.de 11 months ago
In the article it says it is 5% of their global revenue each day. That is a lot of money, I have no doubt that they will fix it.
Zedstrian@lemmy.dbzer0.com 11 months ago
Good on the EU for supporting consumer rights over corporate profits.
Beaver@lemmy.ca 11 months ago
Man I love the EU
Knuschberkeks@feddit.de 11 months ago
Sometimes. But sometimes (like next week for example) they are also trying to implement mass surveillance of all EU-Citizens’ private communication.
speaker_hat@lemmy.one 11 months ago
Paradoxically, due to these charges, EU profit from the consumer rights.