Regulation Impact: Apple charged for violating Digital Markets Act

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Apple, the first US company charged for breaking the Digital Markets Act in the EU, made it difficult for app developers to direct consumers to alternative options. The regulators may impose a fine equivalent to 10% of Apple's revenue, potentially reaching billions of dollars. This development has led Apple to hold back the rollout of Apple intelligence in the EU. Such regulations highlight the challenges faced in applying consistent regulatory frameworks in capitalist democratic societies without unified action.

Jesse Itzler, a serial entrepreneur, a New York Times bestselling author, part-owner of the Atlanta Hawks, and an ultramarathon runner, joins Scott to discuss his approach to entrepreneurship, including how it aligns with his fitness journey, and the strategies he implements to maintain balance in his life.

Follow Jesse on Instagram, @jesseitzler.

Scott opens with his thoughts on the EU’s antitrust crusade against Big Tech and why he believes breakups oxygenate the economy.

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