this post was submitted on 24 Jan 2024
892 points (98.9% liked)
Technology
59627 readers
3175 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
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Apple has an annual legal budget of approximately infinity dollars. I assure you they are aware of this and they believe they are in compliance, even if just barely.
If challenged, they will have no problem fighting it — they have nearly as much cash on hand as the entire EU budget.
I hope the EU challenges this, and I hope the EU wins, but Apple isn’t going to be surprised by whatever happens.
The fine would be approximately 10% of Apple's total revenue and the fine increases by 10% every violoation so I doubt that Apple can not accept the regulations.
Unfortunately, Apple has the resources, both legal and financial, to tie that up in the EU courts for decades.
You're underestimating what EU can get gone when they're motivated to get it done.