Oct 29 2015
Sometimes I almost enjoy Apple's sheer nerve. According to Reuters, the tech giant has asked the U.S. Supreme Court to toss an appellate court decision from earlier this year that found Apple conspired with five publishers to artificially jack up e-book prices. If the current decision stands, Apple will be forced to pay consumers $450 million. In their request, Apple earnestly argued that, if upheld, the fine "will harm competition and the national economy" and "chill innovation and risktaking." I'm not sure what risks they're worried about (maybe companies will be more concerned about violating federal antitrust laws?), but sorry, Apple: I'm willing to risk it.
Posted by: Julianka