US Court condemns Apple for conspiracy to raise the price of e-books





The New York District Court convicted Apple America for plotting with a group of publishers to raise retail prices for e-books.

Denis Cote ruled that u.s. District Court judge violated the “Apple” of antitrust laws in the State after their involvement with five major publishers are “Hachette” and “HarperCollins, Macmillan, Penguin and Simon & Schuster” in raising the prices of e-books and bestsellers of 2010.

And Apple colluded with publishers to raise prices of e-books from $ 9.99 to $ 12.99 and $ 14.99 amounts, so as to eliminate the price set by Amazon store to sell e-books.

Judge Denise Cote said “Apple played a pivotal role in the plot of the five publishers to raise prices, and the plot hatched in two months of negotiations before the launch of iPad and iBook store in 2010.

The judge added that “Apple” not entering into competition with Amazon, it facilitated the implementation of plot publishers to end Amazon low pricing for e-books, launched “no shop” store which included books by high prices.

The judge said that there was a court hearing will be held later to determine the damage caused by the plot, and the adoption of sanctions, however, Apple plans to appeal the decision of the Court.

A spokesman for the “Apple” commenting on the Court decision that his company was conspiring to raise the price of e-books and that the accusations against his company.

The Apple is the only one that decided to appeal the decision where publishers, representing the party of the second part in the plot, to compromise with the judicial authorities.
Related topics:


Tags: ,

In: Technology & Gadgets Asked By: [18455 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »

Star Points Scale

Earn points for Asking and Answering Questions!

Grey Sta Levelr [1 - 25 Grey Star Level]
Green Star Level [26 - 50 Green Star Level]
Blue Star Level [51 - 500 Blue Star Level]
Orange Star Level [501 - 5000 Orange Star Level]
Red Star Level [5001 - 25000 Red Star Level]
Black Star Level [25001+ Black Star Level]