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Tom Bowden--The Antitrust Shakedown Continues 02.MAY.14

  • Broadcast in Finance
Financial Survival Network

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According to Tom Bowden, yet again, some of America’s most admired and innovative companies — in this case Apple, Google, Intel, Adobe, Intuit, Pixar, and LucasFilm — have fallen victim to an antitrust shakedown. Rather than face a jury at the risk of $9 billion in penalties, the defendants reportedly offered a total of $344 million in settlement. This is par for the course when it comes to government enforced notions of fairness. It never stops, whether it's Microsoft a decade ago, or Apple today.