Linked by Thom Holwerda on Sat 3rd Aug 2013 20:34 UTC
Legal The Obama administration:

After extensive consultations with the agencies of the Trade Policy Staff Committee and the Trade Policy Review Group, as well as other interested agencies and persons, I have decided to disapprove the USITC's determination to issue an exclusion order and cease and desist order in this investigation.

Lots of talk about SEPs and FRAND in Obama's decree, which means that the Obama administration contradicts everything the ITC has said. To freshen your memory, the ITC ruled that not only was the patent in question not a standard essential patent, but Samsung's offer was actually proper FRAND:

Additionally, the Commission found that there were still disputed issues concerning the patent at issue was even actually essential to the standard (and therefore whether a FRAND or disclosure obligation applied at all).

[...]

The Commission analyzed the history of negotiations between Apple and Samsung (this portion is heavily redacted) to see if Apple showed that Samsung failed to negotiate “in good faith,” and found that Apple failed to do so. Notably, the Commission dismissed Apple’s arguments that (1) Samsung’s initial offer was so high as to show bad faith, and (2) Samsung’s attempts to get a cross-license to Apple’s non-SEPs violated its FRAND commitments.

In other words, the Obama administration threw out virtually everything the ITC has said in order to protect Apple. This effectively means that American companies can infringe on non-American companies' (standard essential) patents all they want, because the president will simply step in if they try to fight back.

So, I was wrong. I expected the Obama administration to be impartial and not give such a huge slap in the face of the ITC - as cynical as I usually am, I can still be naive. Protectionism is more important to the POTUS.

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Huh.
by Thom_Holwerda on Sun 4th Aug 2013 08:24 UTC
Thom_Holwerda
Member since:
2005-06-29

Fascinating little tidbit: Obama owns a large amount of Apple stock.

http://money.cnn.com/2009/05/15/news/economy/obama-stocks/index.htm

Curious.

Reply Score: 6

RE: Huh.
by Kochise on Sun 4th Aug 2013 09:13 in reply to "Huh."
Kochise Member since:
2006-03-03

Really curious, indeed...

Kochise

Edited 2013-08-04 09:14 UTC

Reply Parent Score: 2

RE: Huh.
by shotsman on Sun 4th Aug 2013 10:00 in reply to "Huh."
shotsman Member since:
2005-07-22

That was 2009. does he have the same portfolio now in 2013? That is a more important question.

If he did then I'd fully expect a number of billion dollar lawsuits to be heading his way tomorrow.

Edited 2013-08-04 10:01 UTC

Reply Parent Score: 2

RE[2]: Huh.
by MOS6510 on Sun 4th Aug 2013 11:53 in reply to "RE: Huh."
MOS6510 Member since:
2011-05-12

Not likely.

Besides, Obama didn't veto because he felt like it or owned Apple stock. It's a process involving a lot of people. He is a president, not an emperor.

The reasoning behind it may have been fair or it may have been "dirty", but it's not a decision by one person. Obama probably didn't even have a say in it.

There are a lot op people with knowledge and skill related to the subject. They investigate, think and come up with scenarios and recommendations from which other people pick one and Obama signs it.

Reply Parent Score: 5

RE: Huh.
by brichpmr on Sun 4th Aug 2013 11:51 in reply to "Huh."
brichpmr Member since:
2006-04-22

Fascinating little tidbit: Obama owns a large amount of Apple stock.

http://money.cnn.com/2009/05/15/news/economy/obama-stocks/index.htm

Curious.



A bunch of Americans directly or indirectly own Apple stock....what is your concrete source for Obama's having directed this veto??

Reply Parent Score: 1

RE[2]: Huh.
by Kochise on Sun 4th Aug 2013 15:10 in reply to "RE: Huh."
Kochise Member since:
2006-03-03

Obama can influence the Apple's stock price according to a litigation result : if Apple fails and recognized as patent infringing, stock price may drop drastically, thus Obama's shares...

Not to speak about Apple's cash reserve if they have to pay back a large sum of money to Samsung, having their products blocked, etc.

Kochise

Reply Parent Score: 3

v RE: Huh.
by Tony Swash on Sun 4th Aug 2013 15:30 in reply to "Huh."
RE[2]: Huh.
by Kochise on Sun 4th Aug 2013 19:59 in reply to "RE: Huh."
Kochise Member since:
2006-03-03

Nope, right on the spot ! What are Obama's justifications to go against ITC's elaborated decision ? Because, yes, he can ?

Kochise

Reply Parent Score: 2

RE: Huh.
by kristoph on Mon 5th Aug 2013 23:22 in reply to "Huh."
kristoph Member since:
2006-01-01

Yes, the leader of the free world is undoubtedly making these decisions based on how much it's going to increase his portfolio.

Do you actually think about what your write?

Reply Parent Score: 1