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Can a Major Antitrust Case Rein in Apple? (jacobin.com)

submitted 7 months ago by [email protected] to c/[email protected]

7 comments fedilink hide all child comments

Last month, the Justice Department charged tech giant Apple with serious antitrust violations related to the iPhone. It’s a relatively aggressive suit — but likely an inadequate response to Apple’s outsize power.

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[–] [email protected] 13 points 7 months ago (1 children)

Depends on how big the fine is. Anything with an 'm' instead of a 'b' is just the cost of doing business.

[–] [email protected] 6 points 7 months ago (1 children)

At this point a case need to be hundred of "b" to be more than cost of doing business for Apple. The 'm' fine are just rounding errors

[–] [email protected] 1 points 7 months ago (1 children)

Apple grosses between 150b and 170b annually.

Demanding they pay more than they make in a year would lead to a 3 trillion dollar company going to war against their government. And not just a court battle. We are nearing the point at which corporations can contest with governments.

Imagine the entire next generation being brainwashed into disrupting supply chains. Gen Z children sabotaging transportation routes, physically protesting, because their status symbol told them the government was corrupt.

Could the USA take Apple? Yes. But that's a fight they'd be wise to not incite.

[–] [email protected] 2 points 7 months ago (1 children)

I think the United States government has more battlefield artillery and strategic air power than Apple.

[–] [email protected] 2 points 7 months ago (1 children)

Unfortunately those things never matter when the contest comes from within

[–] [email protected] 2 points 7 months ago

Exactly. Apple is literally half of the US government's current propaganda conduit.

Not to mention, if you've got even 1 billion USD to burn, you can hire one heck of a merc. group.

[–] [email protected] 5 points 7 months ago

Maybe you should just have something like the DMA in the US to?