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Apple found guilty in e-book price fixing case Apple found guilty in e-book price fixing case
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Apple found guilty in e-book price fixing case
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Old 11th July 2013, 08:19   #1
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Default Apple found guilty in e-book price fixing case

E-book prices went up after Apple jumped into the market following the iPad's release in 2010, and those price hikes were the result of collusion between Apple and major book publishers. That's the gist of today's ruling by New York District Judge Denise Cote in a high-profile price-fixing suit against Apple.

According to Reuters' coverage of the story , Amazon once had a 90% share of the e-book business and sold e-books for $9.99 a piece—allegedly "below cost." Around late 2009, Apple is said to have entered "agency agreements" with publishers like Hachette, HarperCollins, ...
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