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I don't understand how companies get so big they'll put everything on the line to get it beat down by regulators. A little bit of good faith actions would get t
by exabrial 3y ago
I don't understand how companies get so big they'll put everything on the line to get it beat down by regulators. A little bit of good faith actions would get them a long way, but instead they choose obliteration.
- Mathnerd314 3y agoWell there is that story https://a16z.com/why-i-did-not-go-to-jail/ https://a16z.com/why-i-did-not-go-to-jail/,. where they're like "everyone does it, I did it at my last company, it's fine". Maybe Apple similarly has lawyers, CEOs, etc. who tell them "we can handle any fallout, play hard"? Also, as advised against in that story, legal is part of finance https://www.organimi.com/organizational-structures/apple/ https://www.organimi.com/organizational-structures/apple/
- nightowl_games 3y agoCool story. I still don't quite get what law was broken and how? When is the stock option price supposed to be measured?
- spott 3y agoProbably on some fixed date every month, rather than the the day with the lowest price every month.
- rakoo 3y agoThey get so big because they're allowed to, it's not really surprising in our politico-economic situation
- solardev 3y agoIt's more profitable for them to skirt the law or try to change it. Apple has more money than many governments. They're not really scared. To them regulations (and getting around them) are just a cost of doing business. I hope the EU layeth the smackdown, because the US isn't gonna do anything.