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A comment on Apple found in breach of EU competition rules. Parent comment

Re:Apple found in breach of EU competition rules by lxgr on Monday June 24, 2024 @08:08AM (#40775061)
> People work for the company, and they decided.

I think you have an incorrect model of the incentive structure and actual power dynamics of publicly owned corporations.

Even the CEO has to answer to shareholders in the end.

[ Parent | on HN ]
Re:Apple found in breach of EU competition rules by Rinzler89 on Monday June 24, 2024 @01:45PM (#40778788)
The CEO has to answer to shareholders when it comes to keeping his job and to legislators when it comes to abiding the regulations in every market. It's a tough act to follow if you try to maximize shareholder returns while also trying to stay out of prison.
[ Parent | on HN ]