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Only a publicly traded company would be subject to Dodge v. Ford. Even then, making money and doing the right thing are rarely a strict dichotomy. Trying to s
by GVIrish 12y ago
Only a publicly traded company would be subject to Dodge v. Ford.
Even then, making money and doing the right thing are rarely a strict dichotomy.
Trying to sue start ups out of existence is not the only way to ensure the profitability of an incumbent company. Lawsuits always have the risk of losing and flushing all of those legal costs down the toilet, or potentially inviting countersuits. A company like Fab for instance could've just as easily decided to buy the new competitor or get more aggressive on price or marketing to snuff them out.
- zyx321 12y agoOnly a publicly traded company would be subject to Dodge v. Ford. ...or startups that have publicly traded corporations as investors (which is approximately all of them). Don't delude yourself into thinking you can trust a corporation. Corporations are sociopathic by design, barely kept in check by threats of lawsuits and bad PR.
- ceejayoz 12y ago> ...or startups that have publicly traded corporations as investors (which is approximately all of them). What definition of startups are you using here?