Facing a jury trial next month with $840 million in potential damage claims on the line in a dispute over alleged e-book price fixing, Apple has instead decided to settle out of court to make the problem go away.
It's like deja vu all over again. This fall, Apple and Samsung will return to the courtroom battlefield to argue about the same issues they've been arguing about for years. In fact, both companies will only be permitted to discuss exactly the same issues as a previously settled case. Well, mostly settled. Read on, we'll explain.
Losing a court case is never fun, and it is decidedly less fun when the loss results in having to write really big checks. Surely, a company that finds itself on the wrong side of a ruling has every right, and responsibility, to mitigate its losses, but do they have to be so nasty about it?