What would you think if you were told that the Federal Trade Commission was still participating in a frivolous lawsuit launched by the Obama administration during its final days on behalf of a liberal company with deep Democratic Party ties?
That’s exactly what is happening in the case of an Apple-backed “anti-trust” suit designed to help the company avoid paying for the intellectual property it uses in the iPhone. Apple is engaged in a world-wide legal campaign against its suppliers, particularly Qualcomm, in an attempt to avoid paying full freight for the intellectual property that powers the iPhone. This despite the fact that Apple’s recent earnings report indicated the company has a quarter-trillion dollars in cash largely stored overseas to avoid taxes.