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by briandear
3981 days ago
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Did Apple 'make' Warner sue anyone? Remember, the labels held most of the cards.. They controlled the content. If Apple had all of this great power over the labels, why did it take so long to get the Beatles? As far as 'more regulation' -- I don't like the idea of the government picking winners and losers. The government uses regulation as a hammer with which to crush companies that don't tie a certain line. Excessive regulation also adds tremendous costs to a company and therefore the consumers. Do you know how big of a legal department is needed just to comply with government regulations? It's a non-trivial cost. I am not saying regulation is bad; I am saying that beyond Sherman, the government ought not be too heavily involved in regulating competition because then only the politically connected or heavy contributors get permission to thrive. Carlos Slim, for example didn't get rich because of a lack of regulation in Mexican telecoms, he became a billionaire because of regulation: Mexico gave him essentially a multi-year head start over potential competitors using regulatory power. The result, Mexican telecom service is highly expensive and of marginal quality. With less regulation other companies could have started offering services sooner and competition would have driven market innovation. |
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That was a trademark dispute, see Apple vs. Apple.