Apple hit with $162 million French antitrust fine over privacy tool
Apple hit with $162 million French antitrust fine over privacy tool
www.reuters.com
reuters.com
23 comments
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Not even a slap on the wrist
Apple made $33B in revenue in Europe for the last quarter of 2024. That is about $2B a week or $360M a day.
The fine of $160M by the French gov is not even half a day of European revenue.
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That's roughly the equivalent of a $100 fine for someone who makes 75k
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They went so far as to say that they regret it but the decision didn’t impose any change of behavior. That’s as much of a shrug as you can officially get.
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And it was the advertisers who complained and won this case. This might still be a win for data privacy, if Apple leaves control over ads in the users' hands.
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You want to brag about civil rights? Here in America some guy filibustered for a long time. Well it wasn't a filibuster, more of a really long speech. But he really showed the fascists he could talk for a really long time. Take that France.
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It added that the privacy tool "particularly penalized smaller publishers," as they depend to a large extent on the collection of third-party data to fund their businesses.
If your business depends on collecting the private data of users to sell to other companies, then you don’t deserve to exist as a business. I don’t care if these are the “little guys”, the entire ad business is a parasitical industry.
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That’s just one of the dumbest reasons to sue Apple…
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I find it pathetic. If politicians wanted to stop these violation they could. If I have a restaurant in town and the antitrust penalties is, by law, a maximum of 10% of my profits... considering a court ruling takes some 5-7 years that is an actual some 2% fine. What incentive is that from me to get rid of all my competition in town!? I would not stop my illegal practices even if fines where 10 times that!!
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What about shutting down their bussiness if they fail to comply.
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23 comments
Its not the EUs fault that US companies keep breaking the law. Don't break the law, don't get fined. It really is simple. EU companies aren't getting these fines.