BigMike72 This has absolutely nothing to do with money.
I was misled but not stolen from.
What else do they call it when a multinational company breaks EU trading laws ? Although English might not be my first language I don't think its wrong considering the context.
Regarding online 'micro' payments the EU has been surprisingly efficient lately, I honestly don't know what will happen. But if they do agree with the fact that Qidian is the dominant firm in the market then it is a clear cut breach of article 102 of TFEU.
I will put the legal parameters here so you can see what i mean.
Exploitative abuse:
This type occurs whereby a dominant firm using dominant position to exploit consumers without losing them through conduct like price increase and production limitation.
The breach for this clause would be increase in SS price for said pre paid chapters already, then again when the customer has to pay monthly to gain access.
Excessive price:
Price set significantly above the competitive level. Article 102 explicitly bans unfair pricing which has been understood as to cover the excessive pricing. The charged price must be excessive and unfair to be abusive.
This breach has to do with how the marketing price of Privilege chapters is priced at in the Qidian china app. 0,1 Yuan per chapter roughly.
Again this is up for discussion but the facts don't change that this is super shady and in all probability falls under a breach of article 102.
Why would the outcome matter to you anyway? Best/worst case scenario the EU forces qidian to lower their prices or quit marketing their products in EU territory.
It is never really bad for the consumer when the big multinational companies get chastised by the governing body, in most cases it is necessary to have a fair and open market....
That notwithstanding I am still a paying subscriber to said 50 privilege chapters.