Apple Off The Hook In Antitrust iPod Lawsuit

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The decade-long antitrust lawsuit against Apple Inc. AAPL finally saw its closure Tuesday when a jury concluded that Apple didn’t violate any antitrust laws and gave its verdict in the favor of the company. The jury took about three hours to reach its decision.

Bloomberg's Tim Higgins, who closely monitored this case, discussed the verdict and also elaborated on the highlights of the case.

"The case really got around to the idea of, did Apple made these changes to kill the competitor or to improve the product? Apple argued for the last couple of weeks that they did this to improve security, that the record companies they dealt with for iTunes were requiring them to make these changes because of their concerns over hackers," Higgins said.

Related Link: Stay Away From Apple: Worst Call Made By Big Money Managers In 2014

Quick Decision By The Jury

"They were in court for a couple of weeks and the plaintiff's lawyers even lost some of their plaintiffs at some point because of various reasons. It was a complicated case that they were trying to make, this idea that these changes were made to hurt a competitor that a lot of people weren't even really that familiar with."

Steve Jobs’ Deposition

"That was about six months before he passed," Higgins said, "and he is on this deposition and he is thin and talking coarsely, but he said it almost 30 times he didn’t really remember this issue back in the day, but he was also defensive of the company’s position. They were concerned of hackers."

Does Apple Do Something Wrong In The Way It Conducts Business?

Antitrust attorney William Markham also told Bloomberg that, "Apple's conduct does raise serious antitrust concerns and other concerns, as well. It seems to be [in line] of a certain business culture that we sometimes see in the Silicon Valley."

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Posted In: CNBCTechMediaBloombergipodiTunesTim Higgins
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