Apple's Latest Court Woes: E-Books

In a court case that is unusual for Apple (NASDAQ: AAPL  ) in that it neither involves patents nor Samsung, a U.S. District Judge in New York will soon decide if there is sufficient evidence to conclude that the iPad maker colluded with book publishers to change e-book prices and force Amazon to use an agency pricing model. While the government is not seeking financial damages, the case has significant value as a precedent, and could open the floodgates for further suits. The five publishers involved in the case have already settled.

In the video below, Fool.com contributor Doug Ehrman discusses some of the specifics of the case, and why its outcome could matter to investors.

Apple has a history of cranking out revolutionary products... and then creatively destroying them with something better. Read about the future of Apple in the free report, "Apple Will Destroy Its Greatest Product." Can Apple really disrupt its own iPhones and iPads? Find out by clicking here.


Read/Post Comments (1) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On June 29, 2013, at 2:12 AM, MellowGuy1 wrote:

    When I found out that iBooks aren't supported on Mac computers, I again realized that Apple isn't on the side of the consumer.

Add your comment.

DocumentId: 2515999, ~/Articles/ArticleHandler.aspx, 7/29/2014 3:01:11 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement