Apple's Latest Court Woes: E-Books
Jun 28th 2013 11:00PM
Updated Jun 28th 2013 11:02PM
In a court case that is unusual for Apple 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.
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The article Apple's Latest Court Woes: E-Books originally appeared on Fool.com.Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends Amazon.com and Apple. The Motley Fool owns shares of Amazon.com and Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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