We’re living a society is largely controlled by big business. While we constantly fight to constrain big government, concerned that their overreach might limit our liberties, big business can have as much of a devastating impact on our Constitutional freedoms.
These massive corporations control what we see, what we eat, what we read, and how we interact with the world. With a wave of their hand they can manipulate major aspects of our lives. All the while getting richer and richer from our dollars.
The only thing that keeps these giants in check are free market values. These companies can only thrive because we support them; and we have a choice of whom we will support, thanks to healthly competition from established companies and up-and-coming startups.
Capitalism prevents a single company from abusing its influence and power and allows for new companies to emerge with better solutions and products. It prevents a single entity from having complete control over our lives. Often a large company will try to manipulate law to create a less competitive environment. Thankfully, in this case, that was struck down.
From Mercury News:
In a unanimous decision Tuesday, the U.S. Supreme Court threw out a lower court’s $399 million judgment against Samsung for violating patents involving Apple’s iPhone.
The decision overturns a victory that Apple had won in the Washington, D.C.-based U.S. Federal Circuit Court of Appeals. The case will now go back to that court for any further proceedings, including determining what, if any, lower penalties Samsung may have to pay Apple.
Tech giants such as Google, Facebook and Hewlett Packard Enterprise had urged the Supreme Court to take up Samsung’s appeal of its patent loss to Apple, warning that the outcome against Samsung “will lead to absurd results and have a devastating impact on companies” because of the implications of how patent law is applied to technology products such as smartphones.
It’s safe to say that tech companies hold incredible power in modern society. But what prevents one company from controlling how we interact with the world (and how they use our personal information) is competition from other companies. Apple doesn’t hold all the cards because companies like Google, Samsung, and HP provide alternative services and products.
This lawsuit would have granted Apple more power, by punishing Samsung and other companies for alleged patent infringements. The $399 million penalty would have sent the message that anyone trying to make smartphones similar to the iPhone would be punished.
That would erode the competition that currently thrives within our tech market, giving Apple more control over it. You may love your iPhone, but it’s a great product because Apple has to constantly improve it to compete with Samsung, Google, and other manufacturers. If they are able to eliminate their competition, well, things wouldn’t be as great.
The free market, like our personal liberties, is constantly under attack. We need to ensure that no one ever gets an upper hand.
Source: Mercury News