Can a Major Antitrust Case Rein in Apple?
Can a Major Antitrust Case Rein in Apple?
Last month, the Justice Department charged tech giant Apple with serious antitrust violations related to the iPhone. It’s a relatively aggressive suit — but likely an inadequate response to Apple’s outsize power.
Last month, the Justice Department charged tech giant Apple with serious antitrust violations related to the iPhone. It’s a relatively aggressive suit — but likely an inadequate response to Apple’s outsize power.
Depends on how big the fine is. Anything with an 'm' instead of a 'b' is just the cost of doing business.
At this point a case need to be hundred of "b" to be more than cost of doing business for Apple. The 'm' fine are just rounding errors
Apple grosses between 150b and 170b annually.
Demanding they pay more than they make in a year would lead to a 3 trillion dollar company going to war against their government. And not just a court battle. We are nearing the point at which corporations can contest with governments.
Imagine the entire next generation being brainwashed into disrupting supply chains. Gen Z children sabotaging transportation routes, physically protesting, because their status symbol told them the government was corrupt.
Could the USA take Apple? Yes. But that's a fight they'd be wise to not incite.
Maybe you should just have something like the DMA in the US to?