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But these aren't American companies any more. They were founded in America, and there are lots of jobs created by them in America, and there's something to be s
by peterlk 8y ago
But these aren't American companies any more. They were founded in America, and there are lots of jobs created by them in America, and there's something to be said for both those things. But I think there's a larger issue here which is that sovereignty is being eroded by the consolidation of wealth and power. Companies move to Ireland to avoid taxes, set up warehousing shell companies in Nevada to avoid taxes, set up legal holding companies in Delaware so they can do whatever they want, file patents in Jamaica to claim precedence on things that others may have thought of, and I'm sure tons of other things that I'm not aware of.
- acchow 8y ago> file patents in Jamaica to claim precedence on things that others may have thought of Can you explain how this works? Why would anyone care about Jamaican patents if they apparently don't play properly?
- wjnqx 8y ago> "The tech giants are exploiting a US trademark-law provision that lets them effectively claim a trademark in secret." Jamaica and some other countries don't maintain searchable databases, allowing companies to register trademarks abroad in secret and then point to those registrations when claiming the mark in the US. Source: https://qz.com/808846/why-jamaica-knows-about-apples-new-products-before-the-rest-of-the-world/ https://qz.com/808846/why-jamaica-knows-about-apples-new-pro...
- matt4077 8y agoPatents != trademarks
- musage 8y agoThe actual point still stands though (though it is in response to something that doesn't even stand on it's own, but hey). Replace "patents" with "trademarks", which is not necessary for the structural integrity of the argument either way -- and follow the HN guidelines about the strongest interpretation of a comment.
- sharemywin 8y agoHere's a few techniques: https://www.irishtimes.com/business/economy/multinationals-turn-from-double-irish-to-single-malt-to-avoid-tax-in-ireland-1.3290649 https://www.irishtimes.com/business/economy/multinationals-t... https://www.ipwatchdog.com/2010/02/19/submarine-patents-alive-and-well-tivo-patents-dvr-scheduling/id=9168/ https://www.ipwatchdog.com/2010/02/19/submarine-patents-aliv...