On: Apple reverses course: app must pay 30% App Store ...

[FireBeyond]

Shareholder benefit has been held many times by courts not to mean "the ruthless and exclusive sole pursuit of maximal profit"

[gruez → FireBeyond]

Yeah but in this case, "maximize profit by charging 30% tax" is what the board (elected by the shareholders) decided to implement. You're free to disagree, but you'll have to start a proxy fight to change the board.

[standardUser → gruez]

I think the greater point here is we need to change federal law if we want companies to not endlessly hoard cash and gouge their customers.