Probably 10 times that or more. This transaction was probably 500M to 600M. Ichan has billions in AAPL.
Quote:
Originally Posted by TBell
Quote:
Originally Posted by jungmark
"What remains is an allegation that Apple attempted to maintain a monopoly on the portable media player and downloadable music markets "
Apple's screwed. Only Amazon can have a monopoly.
THE D.O.J.'s case against Apple over e-books was ludicrous. This case, although I disagree with, may have more merit. The issue is did Apple take action to prevent music bought on its stores from moving to other services. If so, was that a violation of anti-trust laws.
You are missing something key based on your statement of the issues. Apple didn't "take action" to prevent music bought from its store from being played on other devices. It was never allowed as part of the DRM. You bought it knowing it would only play on Apple devices. That was always clear. It was the music labels that required the DRM and Apple did their own to ensure it was effective. Everyone selling DRM content has some limit to the playback ecosystem. Apple ditched the DRM as soon as they were able to do so by the labels. Content can be locked to an ecosystem. I'm not seeing why music would be some sort of exception. If that is the deal going in, I'm not seeing where the case is. Apple didn't change the rules after the fact.
Comments
"What remains is an allegation that Apple attempted to maintain a monopoly on the portable media player and downloadable music markets "
Apple's screwed. Only Amazon can have a monopoly.
THE D.O.J.'s case against Apple over e-books was ludicrous. This case, although I disagree with, may have more merit. The issue is did Apple take action to prevent music bought on its stores from moving to other services. If so, was that a violation of anti-trust laws.
You are missing something key based on your statement of the issues. Apple didn't "take action" to prevent music bought from its store from being played on other devices. It was never allowed as part of the DRM. You bought it knowing it would only play on Apple devices. That was always clear. It was the music labels that required the DRM and Apple did their own to ensure it was effective. Everyone selling DRM content has some limit to the playback ecosystem. Apple ditched the DRM as soon as they were able to do so by the labels. Content can be locked to an ecosystem. I'm not seeing why music would be some sort of exception. If that is the deal going in, I'm not seeing where the case is. Apple didn't change the rules after the fact.