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.
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.
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.