Apple’s iPhone 4 gets a last-minute reprieve

The Obama Administration vetoes an import ban that never made much sense.

FORTUNE -- It was hailed by the Wall Street Journal as a "huge legal victory" for Samsung and blasted by pretty much anyone with a stake in the equitable application of U.S. patent law, from Microsoft (MSFT) to a bipartisan group of U.S. senators.

But at the last minute...

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