Notice: Undefined index: order_next_posts in /nas/content/live/gadgetmag/wp-content/plugins/smart-scroll-posts/smart-scroll-posts.php on line 194

Notice: Undefined index: post_link_target in /nas/content/live/gadgetmag/wp-content/plugins/smart-scroll-posts/smart-scroll-posts.php on line 195

Notice: Undefined index: posts_featured_size in /nas/content/live/gadgetmag/wp-content/plugins/smart-scroll-posts/smart-scroll-posts.php on line 196

Apple found guilty of eBook price fixing by DOJ

Apple lose to the US government in a trial regarding eBook price fixing that ocurred in 2009


iBooks main
Apple has been found guilty of fixing eBook prices by a US federal judge during a trial brought by the Department of Justice according to a brief Reuters report.
The decision means that a trial on damages will need to be held to work out how much Apple owes. Reuters reports:

The decision by U.S. District Judge Denise Cote in Manhattan is a victory for the U.S. Department of Justice and 33 U.S. states that brought the antitrust case.

Cote said the plaintiffs presented “compelling evidence” that Apple violated the federal Sherman antitrust law by playing a “central role” in a conspiracy with five major publishers to eliminate retail price competition and raise e-book prices.

Apple has, unsurprisingly, already responded to the ruling. The Wall Street Journal spoke to Tom Neumayr, who stated that the Cupertino company will appeal the decision:

“Apple did not conspire to fix e-book pricing and we will continue to fight against these false accusations. We’ve done nothing wrong.”

This is a story that looks like it could run on for a while.