Apple Fined Another €5 Million Over Dating Apps as Dutch Regulators Say Apple Has 'Refused to Put Forward Any Serious Proposals'

[BaldiMac]

Yeah, how about I do?

1. Hate to break it to you, but the Netherlands are not part of the United States of America. And they don't deal in dollars. Now, if we actually look at the Dutch pricing, it's much less:

You're not disputing what I said. All I said was that 5-6% is reasonable. I didn't say that was the price everywhere.

Exactly. Which the ACM regulator found unreasonable.

For companies with dominant market power.

 

[AppliedMicro]

All I said was that 5-6% is reasonable. I didn't say that was the price everywhere.

Paying 5-6% for payment processing alone is absurdly high for a company like Apple. That‘d be, again, at least a 100% margin. At least in Europe - where Apple is, I believe, limiting payment cards for Apple ID to domestic cards.

But to be fair, Apple provides a bit more than just payment processing (but IMO nowhere near 15%, let alone 30% of „reasonable value“ - unless you factor in „access to customer base“ and such).

For companies with dominant market power.

Under current legislation, the assumption that Apple were one, can and will be contested in court, I suppose.