3 Tech Titans Making Noise: Ruling Spoils Apple, Cisco Plans Launch, Nokia’s New ‘Phablet’
Apple Inc. (NASDAQ:AAPL): U.S. District Judge Denise Cote has laid out the injunction for Apple’s e-book pricing scandal. The company is forbidden from enforcing most favored nation clauses in any e-book publishing contracts for five years and also forbids the company from entering into any book publishing contracts that contain them for five years. Apple is also required to stagger new contract negotiations with the settling publishers; largely, the ruling falls in line with the Department of Justice’s hopes. Apple plans to appeal the injunction.