Said while ignoring all of the other changes Apple will be required to implement resources into changing. Not to mention Apple's administrative costs of ensuring regulatory compliance in order to avoid fines.What in the regulations will stop them from doing that?
Both the proposed voluntary action and required regulatory action would require Apple to lose revenue from the App Store. Whether done voluntarily or by regulation, they are equally unpalatable to Apple. And even then it would only have had a chance of working if all the other ’big tech’ companies make compromises at the same time! At which point Apple would have sacrificed something for nothing.