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submitted 1 year ago by Sunshine@lemmy.ca to c/buyeuropean@feddit.uk
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[-] HenriVolney@sh.itjust.works 36 points 1 year ago

That's the next antitrust trial for Alphabet. I hope Ribera squeezes them to the bone.

[-] Successful_Try543@feddit.org 13 points 1 year ago

Let's hope so, yet I don't think this will happen.

The current oversight processes are absolutely useless against these billion-dollar companies. Even the fines against Meta and Apple under the Digital Markets Act (DMA) in April 2025 were surprisingly low. Remember, fines can be up to 10% of the company’s total worldwide annual revenue. While fines of €200 million or €500 million, respectively, sound a lot, it could have been in the billions.

[-] starlinguk@lemmy.world 3 points 1 year ago

The fines go up every time they get fined. Iirc the next fine will be in the billions.

this post was submitted on 14 May 2025
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