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Earlier this month, the Obama administration stepped in and vetoed an ITC injunction that was about to go in effect against Apple . The decision is an important precedent, because the injunction would have been a first based on standards-essential patents that Samsung has tried to weaponize. Samsung was trying to extract inordinate royalties from its older intellectual property.
In the following video, Fool contributor Evan Niu, CFA, and Eric Bleeker, CFA, discuss the long-term implications of the veto for investors.
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The article Why Obama Sided With Apple originally appeared on Fool.com.Eric Bleeker, CFA, has no position in any stocks mentioned. Fool contributor Evan Niu, CFA, owns shares of Apple. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
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