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Posts by Russell

  "Jobs’s purchase of an e-book for $14.99 at the Launch, and his explanation to a reporter that day that Amazon’s $9.99 price for the same book would be irrelevant because soon all prices will “be the same” is further evidence that Apple understood and intended that Amazon’s ability to set retail prices would soon be eliminated. When Jobs told his biographer the next day that, in light of the MFN, the Publisher Defendants “went to Amazon and said, ‘You’re going to sign...
Since apple lost the case, I wonder if consumers can sue apple for damages?
Apple Inc. (AAPL) Has Slim Chance On E-Book Appeal: Legal Experts   Apple Vowed To Appeal Apple Inc. (NASDAQ:AAPL) through its spokesperson, Tom Neumayr vowed to appeal the ruling of U.S. District Judge Denise Cote and strongly maintained the argument that the tech giant did nothing wrong instead it promoted innovation and competition.   According to legal scholars, Judge Cote’s decision was heavily based on facts and laws were meticulously applied,...
aapl is a dog. P/E ratios, market cap and margins don't mean shit. If you purchased $5,000 worth of aapl and amzn at the beginning of 2013, today, July 11th, your aapl stock would be worth $3,888 (22% loss), your amzn would be $5817 (16% gain). There are plenty of other stocks that will give you much better returns. Using the same scenario as above, if you bought tsla, it would be worth $17,857. scty, $17,916. Both over 255% gains. spwr $20,833 with 316% gains. All of...
 You know nothing about the lawsuit.Apple's ebooks to apps to music earnings ratio is irrelevant to the case.Ebook prices will go down. Lower prices benefit consumers. Duh!
    That is NOT the entire case in a nut shell.   With the help of Apple, publishers collectively(conspired) forced Amazon to adopt the Agency model and simultaneously raising prices(price fixing) for consumers.   Antitrust laws were created to protect consumers, not businesses.
    The ruling helps consumers. That's what antitrust laws were designed for.
    Amazon doesn't decide FMV by themselves. It requires consumers willing to buy it at that price before it's considered FMV.   Fair Market Value: The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts.       Wholesale business model works fine. It's the publishing industry's fault for not adapting...
FTC Guide to the Antitrust Laws Dealings with Competitors: "For the most blatant agreements not to compete, such as price fixing, big rigging, and market division, the rules are clear. The courts decided many years ago that these practices are so inherently harmful to consumers that they are always illegal,..."   http://www.ftc.gov/bc/antitrust/dealings_with_competitors.shtm       and amazon haters....   Single Firm Conduct: "Section 2 of the...
You're the one that's living in an alternate reality.Apple admitted they could not compete with Amazon so they colluded with publishers to raise prices.The DOJ lawyers proved it.
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