Scalper1 News
This month, the U.S. Supreme Court rejected Apple’s appeal of a case that branded the company anticompetitive. On Monday, the nation’s highest court delivered more bad news to Apple ( AAPL ) by agreeing to hear an appeal by rival Samsung that could end up reducing the damages that it was ordered to pay Apple in a patent infringement case. The Supreme Court on Monday said that it will review a lower court decision from last year that affirmed a jury’s damage award in a case that found that Samsung copied Apple’s patented iPhone designs. Samsung has been ordered to pay Apple $930 million in damages in the case. Part of the damage award is set to be reconsidered by a lower court this spring. The Supreme Court has agreed to hear Samsung’s arguments that the court improperly awarded $399 million — all of Samsung’s profit on phones found to infringe Apple’s designs — in damages to Apple. The Supreme Court is slated hear oral arguments in the case during its next term, which begins in October. In December, Samsung agreed to pay Apple $548 million, though it reserved the right to seek reimbursement if it had success at the high court. On March 7 , the Supreme Court refused to hear Apple’s appeal in a case that found the company orchestrated an illegal e-book price-fixing scheme. Apple was ordered to pay $450 million to e-book purchasers after it was found liable in the civil antitrust case, which was brought by the Justice Department. Scalper1 News
Scalper1 News