They were specifically written to avoid targeting European companies. Just because there isn't a line in there that says "does not apply to European companies" doesn't mean it wasn't written to avoid hitting EU companies.
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White House Hits Back at Apple's Massive EU Fine
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Apart from your fanatical insistence that The Lump has a plan, you’re absolutely wrong about treasury bonds reaching zero.
The yields have sky rocketed from 3% to 5%
That percentage is paid by government to investors holding its debt b your borrowing costs have increased substantially.
What’s going on in the US Treasury market, and why does it matter?
Nellie Liang explains recent turmoil in U.S. Treasury markets and the potential impact on the rest of the economy.
www.brookings.edu
I want AAPL to pay the fines. I want the same laws the EU has in America and across the globe. It’s far better since we buy the hardware, we should be able to install whatever the F we want on devices we install. Apple is an anticompetitive business in every sense of the word. They continue to get away with it in big markets. Kudos to the EU for stopping them. I prefer they hit AAPL with a $57B fine, annually.
That's what you think.
The US now is where Britain was just before the empire collapsed. Owning britches that they can't quite get themselves into and then reality came crashing down.
This is why President Imbecile is pretending that Xi is about to call him so that they can be very nice to each other.
Since you have little to no knowledge of current events in China I find it hard to understand why you go out of your way to display your ignorance. Seriously. Try and avoid mass produced junk videos on YouTube and the like and focus more on verifiable resources. As for your comments on the UK and Brussels, well, I tried rereading it. It makes no sense whatsoever.
So you're suggesting they should severely hurt their business just because it would hurt the others more? Losing less than the others is still not a victory.
Maybe they come back begging. But immediately they and everybody in the world will start migrating away from these unreliable vendors. That's already happening right now because Trump's election has made the entire US an unreliable vendor.
You don't know what an unbelievable great position you're throwing away as a negotiating tactic. Trump is doing more for European tech providers than the EU has ever done, just by giving a reason not to pick the default (which was ALWAYS the US tech giant).
Are you also upset Mercedes doesn’t allow you to put Honda wheels on their vehicles?
Buy the product because you like how it actually comes, not buy the product based on how you wish it comes.
This is the best I can do, the pictures are all gone.
The Cat Eaters of Ohio
The establishment media called it a racist myth, but is it?
christopherrufo.com
Ummm, Mercedes can't stop anyone who wants to from putting any wheels that fit on their cars... there are easily dozens, perhaps even hundreds, of companies that make custom wheels for cars...
I agree that Europe should focus more effort and resources to built their own tech companies but the DMA applies to companies from every country including European companies. It’s intended to protect consumers.
We can get replacement parts directly shipped from countries that …actually make them, you know.
If you knew what replacement parts I can get from AliExpress alone… 😂
I wasn’t aware Honda or Mercedes sold their own wheels. I thought the wheel companies like Michelin and Pirelli were independent.
Trump should appoint you as his trade advisor. With a strategy like this those companies would be bankrupt within a year.
Those companies make tires, not wheels. Wheels are what are attached to the vehicle, tires are mounted on the wheels.
Typical…use the graph that best suits your argument. Using your website you can still see the prices were much lower in the beginning of 2024. You just included high numbers when the Avian flu was already spreading during the last stretch of Bidens term. The egg prices lowering has something to do with…oh gee…Eastern being over and EU and other countries helping you guys out. Or don’t you remember Trump begging the EU for egg imports all the while being this tough MAGA guy and threatening tariffs on everyone?
Your president is a cry baby.
Edit: besides I’m really questioning that validity of their April data. They use official data, that is released on a monthly basis. The April data is still out. Not sure how they get their data.
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Europe doesn’t have a great history of innovation post WW2. Good luck with your attempts!
Are you saying that Spotify, which lobbied a lot and consulted with EU lawmakers, pushed so hard for it as a way to protect consumers? Does the fact that it will financially benefit Spotify at the expense of Apple influence the discussion? What about Spotify's >50% market share in the EU?
I'm not saying the DMA harms consumers (although we don't know what the down-the-line consequences of it will be), but it's good to recognize who was pushing for the DMA and understand that these companies might have done so out of their financial interests more than out of concern for consumer protections. If people claim that Apple is only interested in its bottom line, then it's reasonable to say that Spotify is only interested in its bottom line.
That should hopefully give some pause when assessing the DMA.
Please note that I'm not arguing for or against the DMA or for or against Apple or Spotify. It's simply good to be aware that the DMA was being supported and lobbied for by companies. If people distrust Apple, why trust Spotify (and Epic, which also lobbied for the DMA)?
"This novel form of economic extortion will not be tolerated by the United States. Extraterritorial regulations that specifically target and undermine American companies, stifle innovation, and enable censorship will be recognized as barriers to trade and a direct threat to free civil society."
This is hypocrisy so thick, you need an IFR flight plan to get through it.
This is hypocrisy so thick, you need an IFR flight plan to get through it.
The EU and individual EU members are crazy with these fines. Every year they fund a portion of their budgets on ******** fines. It’s nuts! Spain is the worst offender.
Please US all and ramp it up! And roll on the Trump induced USA recession / depression. That should keep him off social media long enough to study for his ‘Seminar on Manners’ being prepared by King Charles III. Fail that and it’s a donkey cart ride down The Mall to the stockade where a surfeit of eggs will be available to anyone wishing to show due disrespect.
If you sell products to a foreign country, whatever, cars, meat, you have to obey the laws and restrictions of that foreign country. Not just pushing and keep your head down. Take your responsibility. This was known by Apple, and now they act like it is new. When an EU-company sells something in the US then the rules are different? Yes? Really?
You seem to miss the point. The DMA was introduced to protect European consumers from exploitative practices. It wasn’t introduced to help EU companies like Spotify. They may have lobbied for it but that isn’t the reason it was introduced. American big tech has just as many lobbyists in the EU as anyone else. The DMA helps American companies just as much.
That's the main problem. The fine is a sliding scale based on the companies earnings and not on the perceived actual damage to the EU customer.
A company that has little sales in the EU is fined the same as a company with similar sales who sells primarily in the EU.
Is the purpose of the fines to force all foreign companies to become EU companies or is it to reward money to EU customers that have been harmed ?
Unless the object is to grab lots of money, I think that a better solution would just be to stop sales on Apple products that are ruled in violation until the problem is fixed. This would certainly get Apple to respond quickly and would stop the justifiable claims that the EU is doing it for money.