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by pornel
263 days ago
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People in Europe don't have the automatic anti-regulation sentiment that US has. Regulations, at least from consumer perspective, seem to be working pretty well in the EU. - My mobile operator wanted to charge me $6/MB for data roaming, until the anti-business EU regulation killed the golden goose. Roaming is free across EU. The mobile operator is still in business. - USB-C not just on iPhone, but also all the crappy gadgets that used to be micro-USB. Consumer prices on electronics probably rose by $0.01 per unit. - Chip & pin and NFC contactless payments were supported everywhere many years before ApplePay adopted them. European regulators forced banks to make fraud their problem and cooperate to fix it. - The card payment system got upgraded despite card interchange fees being legally capped to ~0.3%. The bureaucrats killed an innovative business model of ever-increasing merchant fees given back to card owners as cashback, which made everyone else paying the same prices with cash the suckers subsidising the card businesses. - Apple insinuates they only give 1 year of warranty, but it magically becomes 2 years if you remind them they're in the EU. |
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3 actually, if bought after 2021