Technology

58303 readers

18 users here now

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

Our Rules

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

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

466

App Store to Be 'Split in Two' Ahead of EU iPhone Sideloading Deadline (www.macrumors.com)

submitted 10 months ago by [email protected] to c/[email protected]

138 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 0 points 10 months ago (1 children)

the maximum EU fine for that is high enough to bankrupt Apple. They won't do it.

I don't think Apple will remove side loaded apps at a massive scale, but let's be real. Apple is worth more than a trillion. If the EU fines them enough to bankrupt, they will just leave the EU and not pay the fine. US would go to war with the EU before they allow such amount of money to be transferred to the EU.

[–] [email protected] 0 points 10 months ago

Meta has already got fined for more than a billion at one point for breaking the GDPR, which has smaller fines than the DMA. The US did not really do anything. The US will not go to war with its biggest ally over Apple, hell, it doesn't stop militarily supporting key regional allies over genocide.

Also, fines are not based on market capitalization, but on global revenue. How this would bankrupt Apple is not that the EU would bite off a trillion, but that they would grab a few bil from the revenue, and that would put Apple in the red, triggering selloffs and Apple's valuation evaporating.