Bloomberg View: A President Steps Between Apple and Samsung
Obama made the right move to overrule the ITC. And both parties should benefit
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When the White House issues a decree on the Saturday after Congress has departed for its August break and the decision involves major corporations, hefty financial consequences, and angry trading partners, you know it’s a big deal.
The Aug. 3 reprieve President Obama granted Apple in its long-running patent dispute with Samsung had an immediate upshot: The U.S. International Trade Commission can’t block certain iPhone 4 and iPad 2 models from entering the country. Brisk sales of such older, cheaper devices will continue.