Linked by Thom Holwerda on Tue 29th Sep 2009 08:50 UTC
The European Union has stated today that it is taking the "exploding" iPhone issues very, very seriously. EU consumer watchdog Meglena Kuneva has explained that if national authorities find out that manufacturing faults are the cause of the issue, the iPhone will face an EU-wide recall.
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Member since:
2006-03-29
You know that only shows that they try to have a free market. A free market as it was intended by its inventors.
No monopolies and if they are they are not allowed to use their power to wipe off competitors. That is the one side you refer in your post, the side of the companies.
Yet the free market also contains of the consumers and it is only free if everybody has total information as that is not possible it is in the interest of the consumer if the authorities that might have more information act upon that -- second issue.
Bully-actions are bad for a free market no matter if it is about US companies or EU companies like Thysen Krupp, Otis and the elevator-companies that had to pay high fees.