Greek philosopher Heraclitus once stated: “There is nothing permanent except change.” Unfortunately, there are some people that resist change either because they don’t understand it or because the change doesn’t serve their particular needs. The American Optometric Association (AOA), along with their “Big Eye” manufacturing partners like Johnson & Johnson, have spent many years and millions of dollars trying to resist the inevitable changes that are reshaping the eye health industry.
A hearing was postponed this week with the title, “Law Enforcement Access to Data Stored Across Borders: Facilitating Cooperation and Protecting Rights.” Although the hearing title does not sound all that exciting, the hearing is expected to study and debate the future of cloud computing for all Americans. Center to the debate is the issue of whether you lose all privacy rights because your data is stored in a computer abroad. The nature of cloud computing is that your data can end up anywhere.
The shares slumped Wednesday in early U.S. trading after the drugmaker said late the night before that Justice Department’s Antitrust Division served search warrants at its corporate offices. Perrigo, which is run from Allegan, Michigan, but has a legal address in Dublin, didn’t say which offices were searched, or exactly when the search happened.