4 ms·
Why would it be a surprise to anyone that a major corporation is optimizing for shareholder profits rather than anything else
by jliptzin 5y ago
Why would it be a surprise to anyone that a major corporation is optimizing for shareholder profits rather than anything else
- eatonphil 5y agoDo you buy Apple products or Samsung phones? Not every for-profit company is so myopic. For broadband companies to be orders of magnitude worse in _the key performance metric_ than public offerings should be a wakeup call.
- Nullabillity 5y agoApple seems like another case of the same thing?
- eatonphil 5y agoIn which key metric is Apple being beaten by a much smaller company?
- neogodless 5y agoThis is an obvious result when competition is sparse, and particularly when it is artificially limited, which is the core point of the original article, where lawmakers are intentionally trying to limit competition (in this case, in the form of small, local government projects).