return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 7 months agoT-Mobile imposes $5 monthly price hike on customers using older plansarstechnica.comexternal-linkmessage-square67fedilinkarrow-up1249arrow-down18
arrow-up1241arrow-down1external-linkT-Mobile imposes $5 monthly price hike on customers using older plansarstechnica.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 7 months agomessage-square67fedilink
minus-squareArchRecord@lemm.eelinkfedilinkEnglisharrow-up3·7 months agoWhat’s sad is the fact that the whole concept of a fiduciary duty to shareholders is overused in traditional corporate culture, and they don’t even need to enshittify this much in search of profit under any laws or legal contracts! For a better explainer: https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits
What’s sad is the fact that the whole concept of a fiduciary duty to shareholders is overused in traditional corporate culture, and they don’t even need to enshittify this much in search of profit under any laws or legal contracts! For a better explainer: https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits