Wednesday, 10 July 2013

Apple found guilty of price-fixing for e-books


Five publishers earlier settled the case, leaving Apple alone to defend what it called a pro-competitive move into e-books


Apple violated antitrust laws when it colluded with publishers to set prices of e-books, a U.S. district court judge has ruled. Apple has vowed to appeal the case.
"The plaintiffs have shown that the publisher defendants conspired with each other to eliminate retail price competition in order to raise e-book prices, and that Apple played a central role in facilitating and executing that conspiracy," wrote Judge Denise Cote of U.S. District Court, Southern District of New York, in a 160-page ruling issued Wednesday. "Without Apple's orchestration of this conspiracy, it would not have succeeded as it did in the spring of 2010.

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