> Until these fines become meaningful, companies will just continue breaking the law and asking for forgiveness later, as the changes to their market cap can offset this fine in hours.
Up until recent years the EU didn’t even know if it could take action against U.S. based tech giants. Now that the EU has established wins in fines, usb-c, user replaceable batteries, and alternate app stores, I expect EU regulators to take even bolder action.
> What do you mean by that? Due to geopolitics? Or at a technical level of the current law?
Geopolitics, but the technical level of law certainly plays a part. Europe had no idea what the effect of leveling lawsuits against a fortune one company would yield. However the EU has proven rather adept at identifying technological practices harming consumers and a strong capacity for rectifying them. Now that the EU is beginning to find its stride, I expect it to become more assertive in how international commerce is conducted.
Up until recent years the EU didn’t even know if it could take action against U.S. based tech giants. Now that the EU has established wins in fines, usb-c, user replaceable batteries, and alternate app stores, I expect EU regulators to take even bolder action.