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To: Swordmaker
If upheld, the decision would also force Apple to pay consumers $450 million under a 2014 settlement with 33 state attorneys general and consumers that was contingent on the company's civil liability being upheld.

The success of the states' lawsuit against the tobacco companies laid the ground work for this and wetted the appetites of the states' attorneys for big payouts.

This is no more than suing for dollars. Either the big corporations fold; making deals in which they pay but admit to no wrong doing or fight in court but risk huge judgements.

It would never occur to judges or juries that prices like water seek their own level.

4 posted on 10/30/2015 12:43:45 AM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: Pontiac

The tobacco deals were not about alleged barriers to fair competition, but about alleged vice.


5 posted on 10/30/2015 12:52:51 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Pontiac

IIRC, some of the earliest antitrust action was in situations like Rockefeller’s Standard Oil company, in which agreements were made with product transportation companies to favor one brand of a fungible product over a different brand. It’s harder for water in a sealed reservoir to find its level with anything else.


6 posted on 10/30/2015 12:58:34 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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