The problem with passing such a law is that regulatory capture effectively results in loopholes and a never ending legal game of cat and mouse. That's one way you get government backed monopolies, because only existing companies in their respective industries have the legal personnel to navigate the sluggish and bloated bureaucracy that in theory is supposed to regulate them. Neither Apple or its competitors will stop because the annual product cycle is very lucrative for quarterly reports and the annual 10-K, and because corporations are legally obligated to maximize shareholder wealth thanks to the government ().
The problem with passing such a law is that regulatory capture effectively results in loopholes and a never ending legal game of cat and mouse. That's one way you get government backed monopolies, because only existing companies in their respective industries have the legal personnel to navigate the sluggish and bloated bureaucracy that in theory is supposed to regulate them. Neither Apple or its competitors will stop because the annual product cycle is very lucrative for quarterly reports and the annual 10-K, and because corporations are legally obligated to maximize shareholder wealth thanks to the government ([Dodge v. Woolsey](https://supreme.justia.com/cases/federal/us/59/331/)).
Thank you for perspective.
Thank you for perspective.
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