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by FredPret
556 days ago
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A legitimate business created an asset. There’s no good reason to believe they should cede ownership simply because 16 years have elapsed. > But Apple owns none of the iPhones, so why do they get a say? This is an interesting point. But the key thing is people buy iPhones in part because of the walled garden, and Apple bakes it into the price. Without that App Store revenue, those $999 iPhones would simply see a price increase. |
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Today that’s so captured that Mickey Mouse is still in copyright and insulin for diabetics costs more than the saline it’s in.
It defies both the law as written and the human sense that wrote it to advocate for unproductive rent seeking: sixteen years? With a few point patches along the way? Thirty percent.
The Europeans find it ridiculous, the FTC finds it ridiculous, anyone who likes innovation finds it ridiculous.
But it’s mostly ridiculous because history is unambiguous on this point: you tell the peasants to eat cake long enough and you’ll swing from a dockyard crane.
Let’s seek to avoid that kind of thing?