Business

Apple, Samsung do not have to disclose profit details: US court

  • Reuters
  • |
  • Updated: Aug 26, 2013 12:27 IST

Apple Inc and Samsung Electronics Co Ltd do not have to make public the financial details submitted to a US court during high-profile patent litigation, a federal appeals panel ruled on Friday.


The U.S. Circuit Court of Appeals in Washington reversed a lower court ruling that ordered the two companies to disclose portions of documents that contain profit and sales information.

"We recognize the importance of protecting the public's interest in judicial proceedings and of facilitating its understanding of those proceedings," the 3-judge appeals panel decided. "That interest, however, does not extend to mere curiosity about the parties' confidential information where that
information is not central to a decision on the merits."

A Samsung declined to comment, and Apple representatives did not immediately respond to a request for comment.

Representatives for the First Amendment Coalition, an advocacy group that sought to have the information disclosed, could not be reached immediately.

The two companies have been waging patent litigation across the globe since 2011, climaxing in a high-profile trial last year in San Jose, California. A jury awarded Apple over $1 billion, but U.S. District Judge Lucy Koh later slashed the award and ordered a retrial on some of the damages.

In the run-up to trial last year, attorneys for both sides submitted several documents to the court that contained financial details in order to calculate damages. The details were redacted, and Reuters filed motions in the court to unseal the documents.

Koh ruled against Apple and Samsung, saying the public's interest in understanding the proceedings outweighed the companies' rights to keep the information secret. However, the appeals court unanimously disagreed.

"While protecting the public's interest in access to the courts, we must remain mindful of the parties' right to access those same courts upon terms which will not unduly harm their competitive interest," Judge Sharon Prost wrote.

The case in the Federal Circuit is Apple Inc vs. Samsung Electronics Co Ltd et al., 12-1600.

 

also read

Jet fuel price cut by 11.3%, to cost less than diesel

blog comments powered by Disqus