Quote:
Originally Posted by pwalker8
Sure, given that I haven't seen evidence to the contrary, why would I change my mind? As I said, we will see what the appeals court has to say over the matter.
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Right.... Yet the European Commission saw clear evidence and Apple agreed to "never do it again" to avoid the risk of fines.
The DOJ and well over half of the State Attorneys also saw clear evince and after expensive stalling actions, Apple agreed to an almost half a billion settlement, subject to their appeal. Judge Cote appeared to also have seen clear evidence of Apple's wrongdoing.
But they all must be making it up....
BTW, under the US settlement, Apple is precluded from entering in similar anti-competative agreements in a broad range of industries where it is a major player, including music.
I really wish that it was easier to go after individual corporate officers who engage in illegal activities.
As is it now, if the officers manage to pull it off, they get all the glory for having cheated the market and fat bonuses. If they lose, the shareholders get to pay a fine and the officers still get to keep their bonuses.