The U.S. vs. Apple
The following video is part of our nationally syndicated Motley Fool Money radio show, with host Chris Hill talking with Ron Gross, James Early, and Charly Travers. This week, the United States Department of Justice sued Apple and five major publishers and accused them of collusion to artificially increase the price of e-books. Apple responded in part by declaring it broke Amazon.com's "monopolistic grip on the publishing industry." In this segment, the guys analyze the potential damage to Apple's reputation and what it means for investors.
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At the time this article was published Chris Hillowns shares of Amazon.com. The Motley Fool owns shares of Apple and Amazon.com.Motley Fool newsletter serviceshave recommended buying shares of Apple and Amazon.com and creating a bull call spread position in Apple. The Motley Fool has adisclosure policy. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.
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