Gregory Viscusi, Marie Mawad, and Helene Fouquet, reporting for Bloomberg:
Finance Minister Bruno Le Maire said Wednesday France will take
legal action against Google and Apple and fines could be in the
“million of euros”. Fines are likely to be about 2 million euros
($2.5 million) per company, accused of taking advantage of local
developers. This comes after a two-year investigation by the
ministry’s fraud repression unit, according to an official in Le
“I learned that when developers develop their applications, and
sell to Google and Apple, their prices are imposed, Google and
Apple take all their data, Google and Apple can unilaterally
rewrite their contracts,” Le Maire said in an interview with RTL
radio. “All that is unacceptable and it’s not the economy that
we want. They can’t treat our startups and developers the way
What in the hell is he talking about? I guess the “imposed” prices could be something about the 30/70 percent split in the app stores, but it makes zero sense to argue that “Google and Apple take all their data”. Maybe this was mistranslated from French? But that seems highly unlikely given that at least one of the bylined reporters is fluent in the language.
And what’s the point of a $2 million fine? Last quarter Apple made $200 million in profit per day. It would take Apple about 15 minutes to generate $2 million in profit. This is some serious Dr. Evil math.
★ Wednesday, 14 March 2018