This is excellent news, and I love the fine structure that has teeth in regard to being based on global revenue. It seems like there's no way to weasel out of it.
These rules are so important because Apple and Google are firmly a duopoly in the smartphone space. If the 10 richest people in the world got together and formed a company to start a competing mobile platform, they would likely fail – and even if they didn't, they'd probably never commit that amount of liquid capital making that attempt in the first place.
Can an operating system be analogous to electric, water, and sewer service? At this point, I think the answer is a resounding "yes." These operating systems are so vital to modern life that they ARE utilities.