CEA Assails Government On Apple Suit
The Consumer Electronics Association came out swinging Wednesday against the Obama Administration following news that the Obama Justice Department has sued book publishers and Apple over antitrust violations.
"The decision by the U.S. government to sue Apple and book publishers for alleged antitrust violations over the price of electronic books marks another sad milestone in our government's war on American companies," CEA president and CEO Gary Shapiro said in a statement. "Apple is an American crown jewel that other nations covet, yet our own government leads an attack on its entry into electronic books."
"Sadly, we've seen this before with absurd legal U.S. government challenges to Google, Intel, Microsoft and Qualcomm - world-class American innovators. Each time, no real harm was found, but our government's attacks enabled others to extract billions in fines or foolish remedies.