Comment on Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules
madeinthebackseat@lemmy.world 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@lemmy.world 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@lemmy.world 5 months ago
Let me know when the EU collects it. I have my doubts.
diffusive@lemmy.world 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