DOJ revises proposed Apple e-book price fixing remedy

The U.S. Department of Justice has revised its previously proposed remedy addressing Apple’s e-book price fixing. While the general terms have not dramatically changed, the DOJ has offered to reduce the length of the injunction from ten years down to five along with easing some of the restrictions on Apple’s ability to make new deals with book publishers.

Apple’s response to the original proposal was to call it “a draconian and punitive intrusion” into the company’s business, and has stated that it will be appealing the July 10th ruling, arguing that it “exceeds the bounds of even criminal price-fixing cases” and is an effort to “inflict punishment” upon the company. [via Engadget]

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