Samsung: today’s verdict ‘a loss for the American consumer’

Samsung has already issued a statement commenting on its devastating loss in its legal tussle with Apple. The company pulls no punches, calling back to the stirring language it used in its closing arguments. We’re reproducing it in its entirety below.

Today’s verdict should not be viewed as a win for Apple, but as a loss for the American consumer. It will lead to fewer choices, less innovation, and potentially higher prices. It is unfortunate that patent law can be manipulated to give one company a monopoly over rectangles with rounded corners, or technology that is being improved every day by Samsung and other companies. Consumers have the right to choices, and they know what they are buying when they purchase Samsung products. This is not the final word in this case or in battles being waged in courts and tribunals around the world, some of which have already rejected many of Apple’s claims. Samsung will continue to innovate and offer choices for the consumer.