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>IP/patent law is holding back innovation. Sure, but Apple has made an entire business out of making lowball offers to companies that produce tech they want.
by tw04 3y ago
>IP/patent law is holding back innovation.
Sure, but Apple has made an entire business out of making lowball offers to companies that produce tech they want. Then offering to pay more if they can just get more data on the tech, before ultimately pulling out of negotiations entirely and just copying that tech whether through internal resources, or hiring resources from the company in question.
They've decided it's cheaper to steal and then fight in court than to pay a fair market rate. Honestly given this has happened at least 10 times that I can recall off the top of my head, the Justice Department should be dropping a 50lbs sledgehammer of justice on them. At this point it's intentional and not just illegal but morally reprehensible.
- varispeed 3y agoThis is wrong way to deal with this kind of thing. Apple should have not been allowed to grow this big in the first place so they could pull these kind of tricks. Otherwise you'll be playing whack-a-mole. Correct way would be to force Apple to split into separate independent entities. This should apply to all other businesses too big to fail.
- throwaway894345 3y agoIs Apple "too big to fail"? What's the equivalent of a "bank run" for a tech company? Is an Apple failure likely to cause a Great Recession or Great Depression? To be clear, I'm not defending "too big to fail" banking policies; I just don't see how that applies to Apple.
- varispeed 3y agoMaybe I used wrong idiom, what I am trying to say is that Apple has too much power and this is bad for economy, because it reduces competition (as in they can buy any business they deem useful or destroy any they see as a threat).