Regardless of the rights or wrongs for these lawsuits and their respective outcomes, what I (and probably a lot of people) want to know is, where does all this money levied from fines go? It certainly doesn't make its way back to the consumer who, for example, the EU believe are being wronged.
I never really considered that, so I decided to check out the official European Commission website to find some answers. Here's what I found: Fines imposed on undertakings found in breach of EU antitrust rules are paid into the general EU budget. This money is not earmarked for particular expenses, but Member States' contributions to the EU budget for the following year are reduced accordingly.
@@HugoHedge really nice work and thanks for responding. Shame it doesn't get back to the people who they believed to have been wronged. It always strikes me that these court cases are license to print money, capitalism at its best.
EU fines go into it's budget. Most of EU's budget is reinvest into the block, more specifically things that affect disparities between states, for example new infrastructure or economic grants for countries that have more needs for them to develop economically. It also goes into research and agriculture funds. It's not like in the US where it benefits people individually...the EU structure is built more for the common good of citizens, rather than personal benefit. For most fines anyway, like the Apple one.
I'm a developer, and I don't like the way Apple is doing things. That's why I never build on Apple. Imagine paying $99 yearly, and also, for each payment a user of your app makes, Apple takes 30% of it, and you can't collect payment using other options. I'm happy they sued them.
Steam takes 30%. They also don’t have an ecosystem like Apple. Epic takes 13% but the parent company makes money selling your data. Google makes money selling your data and takes 15% in their play store where it will be increased to 30% if you hit a certain threshold. It seems like you just dislike Apple as a whole and using this as an excuse to further your distaste.
@@RamenTart I don't have an account on Steam either, but I do have a Google developer account. Guess how much I paid for it? I paid a one-time fee of $25. Also, they don't force developers to collect or receive money through Google pay like way apple does. For the selling of data part, even apple itself still sells our data, and it's something illegal that almost all business do, so, I don't understand why you brought this up? For you saying I hate apple, do you know I do my development on a MacBook pro max m3 ? I don't hate them but I hate the things they are doing to us
@@bashirsaeed893 I was precise in the way I worded things. Unlike Google which makes majority of their money on our data Apple make most of their money on their software, hardware, ecosystem etc. One-time fee to google directly but how are they supporting their expense year after year? Selling everything they have on you. I agree that they *shouldn't* force developers to collect or receive money through their own service. I used the word distaste instead of hate to make sure that connotation didn't happen.
In fact, Google should be brought to justice for selling customers' data. Apple needs somehow make money, it that's the only way. I believe the US does the whole thing to open up Apple and force them to the same model as Google goes.
Lesee … Spotify is the world's biggest streamer by far and wants to pay Apple _nothing_ while using Apple's development tools and infrastructure. So naturally Apple is the monopolist - not Spotify. This isn't surprising since Spotify has sued _artists_ for trying to get a bigger cut out of the streaming service's revenues. In fact, Spotify's business model causes the company to _lose_ money for each additional free subscriber - they're a business built on a bad business model. If Apple leaves the EU, they should _immediately_ remove the Spotify app from the app store and let anyone who wants to use Spotify buy an Android phone to do so. The European Commission thinks they're hardware and software engineers - which they _clearly_ are not. They mandate stuff like replaceable batteries which would make phones lose their inductive charging, and force them to be bigger and heavier. Replaceable batteries would of course have to be more heavily armored with a thicker heavier shell to prevent spare batteries from bending, experiencing battery damage, and catching fire. The only way Apple could maintain a decent feature set for the world (less regulated) phone would be to produce a special heavier feature crippled version for the EU. Methinks the EU is headed towards a smaller economy anyway due to the failure of globalization and the lack of cheap Russian energy as well as Europe's failure to supply Ukraine with the munitions to keep Russia contained - though the US _may_ have the ability to supply Ukraine if we can force the Ukrainian aid bill past MAGA traitors in the house. Containing Russia is _really_ Europe's task though being as how Russian expansion would affect them directly - but it seems they lack the economic will or industrial capacity to contain Russia.
And we do not want that Apple will open there system... There are million off other brands out there which you can buy.. and if you do not like Apple, dont buy it.. simple hahaha Thanks for the video Papers
Apple is not just another brand. The ecosystem they have is enough to create a monopoly in certain markets. We have to realize; mega corporations are not our friends. Their goal is to maximize profit, which means take as much money as possible from the consumer. It's not about opening the system, it's about preventing monopolies.
