Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules

madeinthebackseat , 5 months ago

When you're never held accountable, this is what you would expect, correct?

When they are penalized, the punishment only reinforces that the crime was a good decision.

diffusive , 5 months ago

Penalties for DMA is 10% of global turnover for first offense and 20% of global turnover for subsequent offenses and, eventually, further penalties like the prevention to acquire companies.

DMA is not a joke (and I <3 EU, DMA is a very balanced law aggressive on the big player and not impacting small players)

madeinthebackseat , 5 months ago

Let me know when the EU collects it. I have my doubts.

diffusive , 5 months ago

EU always escalate slowly. Eventually it enforces though (e.g., USB-C, GDPR).

Given the companies are almost all US based and US historically have been very defensive of their businesses (not only in IT) this seems a pretty reasonable approach for avoiding diplomacy escalations.

IMO DMA will be fully enforced in 3-4 years (and collecting some Billions here and there in the process).
First in line for the few initial billions: Meta and Microsoft. We’ll see what comes next

AshMan85 , 5 months ago

Regulate the monopolies

Gazumi , 5 months ago

Accused? Probably evidenced sufficiently.