Keyword: samsung

Apple and Samsung's Legal Battle Obstructing Innovation in Technology

Picture: cdn.techclap.com Video The market for smart phones is now dominated by two companies. Apple Inc. is the biggest corporation in the field, followed by the South Korean headquartered Samsung. But the two companies have been engaged in a legal battle over patent rights for more than a year and their battle looks set to obstruct innovation. Patent law is frequently understood as a mechanism to safeguard the rewards for innovation. But companies who employ batteries of lawyers and spend hundreds of millions of dollars...