Wednesday, January 21, 2015

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.

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