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What will be the outcome of EU's $18B fine on Apple by end of 2025?
3
Resolution / Starting Odds
Fine upheld • 25%
Fine reduced • 25%
Fine overturned • 25%
Settlement reached • 25%
Official announcements from the European Union or legal documents
Story
Trump Says Tim Cook Called This Morning, 'I Need to Be Elected First' to Address EU's $18B Apple Fine
Oct 17, 2024, 04:23 PM
Former President Donald Trump claimed that Apple CEO Tim Cook, a major Democratic donor, called him this morning to discuss the hefty fines imposed on Apple by the European Union. According to Trump, Cook expressed concerns about the EU's aggressive regulations and the massive $18 billion fine levied against Apple. Trump stated that he told Cook, "I need to be elected first," but assured him he would address the issue once back in office. Trump suggested that the Biden-Harris administration is not pushing back against the EU's targeting of American companies. He also remarked that Cook said the EU uses fines "to run their enterprise." The conversation highlights ongoing tensions between American tech giants and European regulators.
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Fine reduced • 25%
Fine upheld • 25%
Fine increased • 25%
Settlement reached • 25%
Apple complies without fines • 25%
Apple complies with fines • 25%
Apple does not comply and faces fines • 25%
Other outcome • 25%
Less than €1 billion • 25%
€1 billion to €5 billion • 25%
€5 billion to €10 billion • 25%
More than €10 billion • 25%
Less than 5% of annual turnover • 25%
5% to 7.5% of annual turnover • 25%
7.5% to 10% of annual turnover • 25%
More than 10% of annual turnover • 25%
Apple wins the appeal • 25%
Apple loses the appeal • 25%
Settlement reached • 25%
Case dismissed • 25%
Appeal successful • 33%
Appeal unsuccessful • 33%
Settlement reached • 33%
Apple fully complies • 25%
Apple partially complies • 25%
Apple does not comply and faces fines • 25%
Proceedings extended • 25%
Increase by more than 5% • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Decrease by more than 5% • 25%
No fines • 25%
Up to 5% of global turnover • 25%
5% to 10% of global turnover • 25%
More than 10% of global turnover • 25%