Today, we have fined Apple and Meta for breaching the Digital Markets Act.

Apple restricts developers from informing customers about offers outside the App Store, while Meta doesn’t give consumers the choice of a service that uses less of their personal data.

Read more: https://europa.eu/!9RDQmk

@EUCommission You fine them to pay money. The one thing both companies have a lot of. How about fining them about to stop doing business within the #eu? THAT would be a game changer, right?! ... ;-)

@andreas_heitmann @EUCommission quite exactly my own thoughts. They'll just figure such fines into their "cost of doing business" and will only be even more creatively exploitative in recouping those costs.

Edit: typo

@jmbreuer @andreas_heitmann @EUCommission

Sure; those fines (while not deductible as revenue expenses, at least not when I was doing accounts some years ago) will just get amortised over the expected period between similar fines.