He was under contract to develop the self driving system in Tesla until him and Elon Musk had a public spat. He now has a startup with units that attach to a range of different cars and makes them self driving. Guys not only a genius but he can talk the talk.Holy shit, the nostalgia feels. I forgot how good his rap was haha.
What happened to the guy? Is he still around?
Free trade and market refers to the ability to conduct business without unusual tariffs or trade barriers imposed by governments. Not in the case of a creator of a product wanting to control how it is sold and distributed. Whether it is an individual or a corporation, anyone who creates a product should have that say.
My feeling is the real the issue Sony Europe had was that they couldn't compete. Remember, those were the days when Sony hardware would release about 6 months later in Europe.Can't you just import consoles/games from Amazon now?
What changed?
From the case reports I could read (i.e. those cited in wikipedia) it sounded like HK$5 million was what they had to pay (HK$8 million was wanted but lik-sang couldn't afford that) so they might have been on a knifes edge at that point. I think it is also the implications of losing their biggest market and what effect that would have on revenue.I think of mod chips were the main issue with them. I think the legal fees from the other lawsuits is what did them in. I think Sony just kept going after them which finally shut them down.
This is just a rationalisation. Any kind of control over a product, even if it is something you yourself make, is distorting to free trade *in actual reality*. It is of course acceptable in some cases (don't sell weapons to criminals, eg) but in general, it's all about distorting markets for profit and control. Of course in competitive markets, it's generally self defeating, but in oligopoly markets, it works very well.
Free trade is the economic policy of not discriminating against imports from and exports to foreign jurisdictions. Buyers and sellers from separate economies may voluntarily trade without the domestic government applying tariffs, quotas, subsidies or prohibitions on their goods and services. Free trade is the opposite of trade protectionism or economic isolationism.
Trade of goods without taxes (including tariffs) or other trade barriers (e.g., quotas on imports or subsidies for producers)
Trade in services without taxes or other trade barriers
The absence of "trade-distorting" policies (such as taxes, subsidies, regulations, or laws) that give some firms, households, or factors of production an advantage over others
Unregulated access to markets
Unregulated access to market information
Inability of firms to distort markets through government-imposed monopoly or oligopoly power
Trade agreements which encourage free trade.
Intellectual property rights (IPRs) are the protections granted to the creators of IP, and include trademarks, copyright, patents, industrial design rights, and in some jurisdictions trade secrets. Artistic works including music and literature, as well as discoveries, inventions, words, phrases, symbols, and designs can all be protected as intellectual property.
The concept's origins can potentially be traced back further. Jewish law includes several considerations whose effects are similar to those of modern intellectual property laws, though the notion of intellectual creations as property does not seem to exist – notably the principle of Hasagat Ge'vul (unfair encroachment) was used to justify limited-term publisher (but not author) copyright in the 16th century. In 500 BCE, the government of the Greek state of Sybaris offered one year's patent "to all who should discover any new refinement in luxury"