3 ms·
> what can only be called a bribe Well it could be called extortion. Apple could well have initiated the conversation, or placed such financial pressure on Qua
by sgc 9y ago
> what can only be called a bribe
Well it could be called extortion. Apple could well have initiated the conversation, or placed such financial pressure on Qualcomm in terms of price reductions that they considered this was the only financially stable way of giving them what they want. It's not like Qualcomm could bully Apple into much of anything. If push came to shove that would just result in a hostile takeover.
In the end Qualcomm failed with faulty lawyering, as there should have been a carveout for the EU, and none of this would have mattered.
Please note: I am not saying it was extortion, just that there is a case that needs to be made to rule that out since the players are not unsophisticated. I think it is ridiculous that a company as large and well-informed as Apple gets a total pass when they obviously benefited significantly from the deal (or they would not have made it). It also seems a bit myopic to see every large company with sector dominance as in a position of power and therefore as the aggressor. There should be codification for market-dominant consumers as well.