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Apple Facing New Antitrust Investigation
mantis2009 writes "After recent complaints of anti-competitive behavior, the US Department of Justice has opened an inquiry into Apple's business practices for selling music. Investigators have specifically asked whether Apple colluded with record labels to thwart Amazon.com's music download store, according to the ever-present anonymous 'people briefed on the situation.' Allegedly, Apple threatened to retaliate if any music label participated in Amazon's 'MP3 Daily Deal' promotion, which offered early access to some MP3 tracks." So it looks like the Justice Department won the DoJ vs. FTC fight for the regulation bully pulpit.
I'm sorry, this is retarded. Agreements like this amount to indentured servitude for the employees. In my experience, moving from one company to another was the surest way to boost my pay. Had I stayed with the same company for a decade, my merit rises would merely beat inflation. I would also be worth a lot less to a prospective employer due to not having a varied background.
I would like not only these pacts to be outlawed, but non-competes as well. For trade secrets, there's the court of law where trade secret disputes can be adjudicated.
it will become a hamstrung corporate slushy, just like Microsoft did.
All the DOJ did was say "yep MS, you are a monopoly", the damage was already done. Microsoft managed to squash Netscape, BeOS, and all of their established competitors from the '90s.
Other than making MS more subtle in their EEE tactics, the ruling didn't do too much. Microsoft managed to come out on top with the DOJ hearings, yeah they got a stern talking to and some bad PR, but look at post-hearing MS, it was doing remarkably well and not losing marketshare till the disaster of Vista.
Apple has a lot more to fear than MS did. Apple doesn't supply the OS for most of the government's computers, MS does.
Taxation is legalized theft, no more, no less.