Judge rules Apple conspired to raise e-book prices | iLounge News

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Judge rules Apple conspired to raise e-book prices

U.S. District Judge Denise Cote ruled today that Apple conspired to raise e-book prices, and a trial for damages will be forthcoming. The U.S. Department of Justice first filed the price-fixing antitrust lawsuit in April 2012 against Apple and five book publishers, all of whom settled out of court before trial. Cote said in May that the government had enough evidence to prove Apple conspired with publishers to raise e-book prices, and the decision today confirmed her prior statement. “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,” Cote said. The U.S. government and a number of states will likely receive damages from Apple. [via Reuters]

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