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Consistent Social Law Violations by App Companies to reduce Overall Market Risk
It is an excellent precedent that the Supreme Court of UK has set for the world in dealing with the menace of App companies. A reason App companies get an extremely high financial valuation, is that they apply legally questionable or simply unlawful methods in the guise of technology. Here, the actual financial valuation is not the product or service being produced, but often based on the legal loopholes that it tries to create and exploit. 

The reason for this search and exploit of legal loopholes, is basically to ensure the insurance of the US market interests in foreign locations. If there be a legal application of any such Apps, that proves the legally questionable infrastructure of an economy, the business risk of several US technology and financial companies become reduced, in the local US financial market. Hence, the legal liabilities that is faced collectively by the USD in a subjected jurisdiction becomes reduced. 

Nevertheless, for the particular jurisdiction, such as the UK in this case, it should be a matter of violation of employment laws, indeed, the same laws that is applied to all other businesses in the UK. App companies who were expecting a 'special' treatment just because they have a latest technology application of product or service that is already existing in the market, such as a Taxi-Cab business in the UK, surely would not have much other financial possibilities to vye for, post this ruling. Often, that such App companies pick a business product or service, that is established in the jurisdiction, further exemplifies the market's legal liability reduction objectives for such companies collectively. Post Brexit, UK would be classified as a 'High Necessity' market, meaning more such Apps, and existing Apps with higher intensity would be applied. Indeed, a model possibly exists in the spreadsheet of financiers and App businesses that defines a particular market possibility, and risk assessment, as to how much of such established laws and practices are possibly overlooked for such questionable business, that simply breaks the law, for no further financial or economic benefit of the consumer or the employees.

https://www.bbc.com/news/business-56123668


 
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