Lik-Sang.com, the popular gaming retailer from Hong Kong, has today announced that it is forced to close down due to multiple legal actions brought against it by Sony Computer Entertainment Europe Limited and Sony Computer Entertainment Inc. Sony claimed that Lik-Sang infringed its trade marks, copyright and registered design rights by selling Sony PSP consoles from Asia to European customers, and have recently obtained a judgment in the High Court of London (England) rendering Lik-Sang's sales of PSP consoles unlawful.
I used to buy all kinds of cool stuff from Lik-Sang, and even though their shop was across the world, the customer service was so friendly that I felt like I knew them personally.
This is a textbook example of unrestricted free-market capitalism, frivolous lawsuits and questionable intellectual property rulings making the world a crappier place.
Comparatively small, mobile, focused companies like Nintendo, Porsche, Opera, and (until now) Lik-Sang do what they do and do it well, without leaving a big ugly footprint on the rest of the world.
Goliaths like Sony, Microsoft, General Motors, Wal-Mart, Google or Yahoo tend to grow as big as they can, absorbing or destroying everything in their path, until there's either nothing left to pillage or they collapse inwards on themselves, bringing down a big chunk of the false economy they projected around them.