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What is the biggest corporate heel turn that you know? (lemmy.ca)

submitted 9 months ago by [email protected] to c/[email protected]

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I was thinking about this after listening to Marc Andreassen blather on about how he doesn't trust government as a repository of trusted keys and other functions. He advocates for private companies to perform critical functions. Standard libertarian stuff in many respects.

The problem of course is that corporations lack accountability. They can shift terms and conditions or corporate purpose and there is little meaningful recourse except to stop using them. I can think of small examples that don't widely resonate (Mountain Equipment Co-op I'm thinking of you 🤬) but are there big examples that I'm missing?

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[–] [email protected] 4 points 9 months ago

23 March: (National food store) CEO says "Customers sets the price point." after it's revealed that prices were raised much more than the inflation and pressure from the public says to lower prices.

27 March: (Same national food store) Lowers the prices after several other stores lowered theirs.