All businesses have owners, with equity as a proxy for who owns how much. A coffee shop might have one equity holder or it might have a dozen or it might be Sta

All businesses have owners, with equity as a proxy for who owns how much. A coffee shop might have one equity holder or it might have a dozen or it might be Starbucks with as many shareholders as they have. As far as the difference goes, it is the difference between an S-Corp or a C-Corp and each has their own tax advantages and disadvantages from a tax perspective. Each has one thing in common though: if you don’t like their crap, you don’t buy it. If the coffee sucks or you can’t install the software you want, you buy something else. Apple’s power is over the products they sold and the services they continue to provide after the purchase. You can install any kind of software that you can get working, what Apple doesn’t do is promise any kind of support for getting every type of software to run on the products they sold, nor are they obligated to. Those are the terms, they are fairly well known, you can take that information with you into the marketplace and choose from what’s available or try to scrape something together that will do the same thing from parts. Might not be as nice as Apple’s stuff, but it will have as much capability as you put into it. I seriously don’t get the siren song of regulation as it is sung here. I see value in some laws, I don’t see value in laws as a reaction to every move a corporation makes to try to bend them to the public’s will. Corporations aren’t people, but they represent the private interests, time and money of real people, but that concept seems so abstract to people that they can treat large organizations as public bodies with all the responsibilities of something that has much more power over their lives and many more people under their employ which can abuse that power when in reality, Apple has no more power over your life than your coffee shop, just whatever power you choose to give it. > You started by comparing Apple to a government. I know these threads can run long and it is easy to list the thread but here is what I originally responded to: >> Another interesting tidbit is the answer to the common trope that 'private platform can act as they wish since they are private' : > Now the EU is saying the same thing to Apple. It is their market, and they dictate the rules. Which is perhaps a taste of Apple's own medicine? > I wonder what those people who keep saying it is Apple's platform they can do what ever they want had to say? I didn’t like the mindset this commentary reflected, in particular the idea that the EU or any of its member nations “own their markets” the way Apple owns the App Store, because that is dangerously close to saying governments own people. Markets are reflective of the individual choices of people. You can own the NASDAQ, but you can’t own the people trading on the NASDAQ and you don’t own the companies listed on the NASDAQ merely by owning the NASDAQ, but you can set the criteria by which you list companies on the NASDAQ. A nation can have jurisdiction over its internal market, businesses, a place where their laws are enforced, and don’t get me wrong, their laws, good or bad, are still their laws. I won’t dispute that, but having jurisdiction is not the same as ownership, and the market is some kind of central body or organization you can own, it’s all the people in a market who trade with all the other people in a market, whether that market is a dozen people or all the people in the world.