Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Congressman Leading Tech Antitrust Investigation Says July Hearing Confirms 'Deeply Disturbing Behavior'
- Thread starter MacRumors
- Start date
- Sort by reaction score
Agreed. Its rediculous these USA based companies to have headquarters in Ireland to avoid taxes in the USA. I’m not saying tax the crap out of them. But let’s put a minimum tax for corporations because they will find was to move to another country to avoid taxes.
Yeah R&D 🤣, how many Apple employees does Apple have in USA? 20k-30k, let me be generous 50k? That’s nothing compared to the headcount of 350k employees needed in China to produce these devices for the whole world, year by year. And most of their money resides outside the USA, too. Transferring it back to the USA would make them pay tax, which they don’t want.
That’s what i mean with "They are doing absolutely nothing to strength the American economy". In the USA, the rich ones gets richer and the poor ones poorer, while the middle class shifts slowly over to the poor side. Many employees in Silicon Valley already sleep in caravans, because they can’t pay their rent.
If they would care about it, they would slowly move the production to US, instead of expanding over to India, etc. It’s the pure exploitation of workers in foreign countries which makes them weight 2T$ . Their greediness worth more than any american citizen, it’s for the american wallets they care.
But I admit, it’s not only 🍎!
Walmart already sells iPhones which then contain the iOS App Store. It’s only fair that Walmart should be allowed to have their own store on the iPhones that they sell.
I’m not seriously proposing that the iPhone have a preinstalled Walmart App Store. I am proposing that it should be possible to install additional app stores to the iPhone, just like Steam and other stores can be installed on macOS alongside The Mac App Store.
I might be okay with Apple regulating these app stores to some extent for security purposes. But on Apple’s current path, they’re not likely to get the option - the government is already getting involved and Apple has chosen to fight instead of just getting ahead of this and making reasonable changes, so expect the government to make crude decisions are suboptimal for everyone (but better than the status quo for app consumers and developers.)
Congress men there has been some disturbing behaviour in Congress for most of my adult life that should be addressed
You are wrong, and one of the things I like about Trump and he did it well. Apple brought most of the money back to the US.
Trump Calls Apple’s Overseas Cash Return ‘Huge Win’ for U.S.
President Donald Trump said in a tweet Wednesday that Apple Inc.’s decision to bring hundreds of billions of overseas dollars back to the U.S. is a “huge win for American workers and the USA!”
www.bloomberg.com
Yes, this is like saying you personally can be successful but not too successful. Which people want to take that away too but that goes in to political discussions that I won't want to bring here.
Absolutely. I prefer Logic to FL Studio on Windows. I prefer Final Cut to Adobe. And actually I prefer iWork to Office in 95% of cases. I do still prefer Outlook to Apple Mail though.
I’m ok with a single App Store, which is probably more optimal than done mush-mosh of multiple app stores which is not as good for consumers. Epic apparently made billions using this model and then got greedy, which is what they have against them at this point.
We’ll have to see what the future brings.
Assuming this is correct, it would also be fair to mention they happen to be situated in one of the most expensive real estate markets in the country.
The exit strategy of many of these smaller tech firms are surely "get purchased by Google, Apple, or Facebook"
You are wrong, and one of the things I like about Trump and he did it well. Apple brought most of the money back to the US.
Trump Calls Apple’s Overseas Cash Return ‘Huge Win’ for U.S.
President Donald Trump said in a tweet Wednesday that Apple Inc.’s decision to bring hundreds of billions of overseas dollars back to the U.S. is a “huge win for American workers and the USA!”
lol with Tax cuts, and its not proved they really did it. He should simply have “demanded” them to bring it back, or fine em.
It does make it right. Apple is there to sell products and services.....and legally make as good of a return on the investment to the share holders.
The antitrust hearing that Apple CEO Tim Cook, Google CEO Sundar Pichai, Facebook CEO Mark Zuckerberg, and Amazon CEO Jeff Bezos participated in back in July confirmed that all of the companies are engaging in "behavior which is deeply disturbing and requires Congress to take action," according to Representative David Cicilline, the chairman of the House antitrust panel leading the inquiry.
Cicilline made the remarks in an interview with Bloomberg, where he said that the investigation has confirmed that Apple, Google, Amazon, and Facebook are all abusing their market power to the detriment of consumers.Cicilline said that he is prepared to deliver recommendations as soon as next month, and that Congress must act urgently to protect consumers. Cicilline did not go into detail about the recommendations the panel would deliver, but he says he's working with Republicans to find common ground on "biggest, boldest ideas."
According to Bloomberg, Cicilline did mention the possibility of a Glass-Steagall law for technology platforms, which would prevent tech companies from both running a platform and competing on it at the same time.The antitrust committee's report will address four areas: changes to current antitrust laws, reforms aimed at the tech sector, strengthening private antitrust litigation by plaintiffs, and ensuring the DoJ and FTC have the resources to do their jobs.
The U.S. House Judiciary Antitrust Subcommittee has been investigating Apple, Google, Amazon, and Facebook since July 2019, culminating in a hearing with the CEOs of all of the companies.
For Apple, the subcommittee has focused on the company's App Store policies and fees, specifically instances where it has rejected apps and changed App Store rules to its apparent benefit, such as when it began rejecting some parental control apps for using Mobile Device Management after the release of the Screen Time feature.
As the antitrust investigation has unfolded, Apple has been involved in some public battles over App Store policies and fees, first with the "Hey" email app and currently with Epic Games.
Article Link: Congressman Leading Tech Antitrust Investigation Says July Hearing Confirms 'Deeply Disturbing Behavior'
They do, We use Adobe and they sell stock photos and music. I just had to go on there and purchase 1 picture....it was $49.95
Just a quick search, named Google, but its usual there, not only Google. I saw a docu regarding this a while back.
Several Google employees say they've lived in the company parking lot — here's why they did it
One employee was rumored to have lived in his car for two to three years. Afterwards, he'd saved enough to buy a house.
www.businessinsider.com
Last edited:
But what to do about the uninformed, moron citizens that vote for them? You know the fist thrusting basement dwelling, ________ studies majors who've never worked a moment in their lives.
Get informed. See how many Americans have jobs in these companies making high $ and paying taxes for others living on social programs. If these politicians help kill these great American companies than the space will be filled by non-American companies, you will be using products, software made mostly by Chinese companies and you have nothing left in America. Not even few high tech jobs. Unfortunately American economy has turned into consumer economy that is a big problem. Borrow and spend. If these moron politicians change tax laws to make it favorable to bring money to US, they will. No different than basic economic principles we all follow in our life. Moreover, regulations,labor laws,unions and on top hungry lawyers waiting to file zillions of law suits against companies to drain them to extinct; not worth making any product in America. Politicians, change these laws,environment, and America will be making products.
Meanwhile, just leave alone any American company who try to succeed in global market.