The Short Arm of the Law
mindbrane writes "CNN takes a look at when companies are too big for the legal system to handle. Quoting: 'Prosecutors said that excluding Pfizer would most likely lead to Pfizer's collapse, with collateral consequences: disrupting the flow of Pfizer products to Medicare and Medicaid recipients, causing the loss of jobs including those of Pfizer employees who were not involved in the fraud, and causing significant losses for Pfizer shareholders. ... So Pfizer and the feds cut a deal. Instead of charging Pfizer with a crime, prosecutors would charge a Pfizer subsidiary, Pharmacia & Upjohn Co. Inc. ... As a result, Pharmacia & Upjohn Co. Inc., the subsidiary, was excluded from Medicare without ever having sold so much as a single pill. And Pfizer was free to sell its products to federally funded health programs.' IBM may have cast the mold for this sort of thing in its 1970s antitrust case, but the recurrence of similar cases speaks to ongoing concerns for legal systems."
"I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country."
Too bad no one listened to him.
Anonymous Coward: "This is slashdot. Accuracy is second class citizen here, unlike King Bias."
And is a cop-out by prosecutors. Crimes are committed by individual people and that is who should be prosecuted for them. And no, there is no shield, exemption, or veil protecting employees of a corporation against prosecution for crimes they commit on the job.
Warning: this article may contain humor, sarcasm, parody, and perhaps even irony. Read at your own risk.
By letting Pfizer get away with this the US government has set an example. There is no reason to obey the law if you have enough tentacles. They could have chosen the high-road and smacked them down and then out of the rubble a new generation of companies would have emerged that would have had reason to obey the law. No, instead corruption is institutionalized.
Shh.
Is this just the latest application of the Golden Rule? He who has the gold makes the rules...
>Without patents, there wouldn't be a problem with kicking Pfizer out of Medicare
In that case, it sounds like a better way of achieving justice would be to seize their patent assets (some or all) and then nullify them.
Corporation, n. An ingenious device for obtaining individual profit without individual responsibility. - Ambrose Bierce