Google and Apple's Book Blunders
In unrelated cases, both Google and Apple have found themselves in court surrounding books. In the case of the search king, the Google Books Library Project has drawn the attention of the Author's Guild, which wants to be compensated for the 20-million books than have been scanned thus far. The 2nd Circuit U.S. Court of Appeals recently reversed the lower court in its certification of a class action against Google. Apple is in court facing charges that it conspired with five major booksellers to push the agency pricing model of competitors.
In the video below, Fool.com contributor Doug Ehrman discusses each of the cases, and the potential consequences to each company.
It's incredible to think just how much of our digital and technological lives are almost entirely shaped and molded by just a handful of companies. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks?" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged by the five kings of tech. Click here to keep reading.
The article Google and Apple's Book Blunders originally appeared on Fool.com.Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.