I recently read that in December of last year, 2013, Apple met with the FDA to obtain “guidance” on what they might or might not face regulatory hurdles for in their plans for developing apps and devices related to health. The image of one of the most innovative companies essentially going to the government and begging to be allowed to attempt to innovate brought to mind the scene in Oliver Twist
Tag Archives: apple
Quote of the Day – Alan Greenspan on Antitrust
In Ayn Rand’s “Capitalism: The Unknown Ideal” Alan Greenspan ends his essay on antitrust legislation with the following:
Whatever damages the antitrust laws may have done to our economy, whatever distortions of the structure of the nation’s capital markets they have created, these are less disastrous than the fact that the effective purpose, the hidden intent, and the actual practice of the antitrust laws in the United States have led to the condemnation of the productive
Quote of the Day – Price Fixing and Antitrust
Still reading Ayn Rand’s “Capitalism: The Unknown Ideal” and a passage jumped out at me regarding price fixing and anti-trust. Given recent news regarding Apple’s supposed price fixing in e-books, the on going concerns about Obamacare, not to mention such government practices as; rent control, price controls in all manner of agricultural products, this quote jumped out at me.
By what conceivable standard can the policy of price-fixing be a crime, when practiced by businessmen,
Too funny to be true – Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins | News Hound
This is why at work when people ask me how they can pay I respond with “Anything but pennies.” I would probably draw the line at all nickels as well.
Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins | News Hound.
Update: Ah well, I thought perhaps it was too funny to be true. In talking about this with a co-worker I wondered where they would get all the nickels to pay $1 billion. After quick search