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Author Topic: Apple wants to take its e-book price fixing case to the Supreme Court  (Read 337 times)
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« on: September 20, 2015, 03:00:10 am »

Apple wants to take its e-book price fixing case to the Supreme Court

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Apple wants one more shot at clearing its name of e-book antitrust violations.</p><p>
Having lost a federal court appeal earlier this year, Apple will ask the U.S. Supreme Court to overturn a ruling that the company conspired with publishers to fix e-book prices, Fortune reports.</p><p>
Apple lost its original case in 2013, after being sued by the U.S. Department of Justice along with 33 states and U.S. territories. At the time, U.S. District Court Judge Denise Cote found that Apple broke the law when it convinced five major publishers to adopt the same “agency” pricing model, in which they set their own prices and agreed not to offer lower prices elsewhere. This had the effect of raising some prices at rival e-book seller Amazon, as publishers abandoned the “wholesale” model that let Amazon set e-book rates on its own.</p><p class="jumpTag"><a href="/article/2984737/legal/apple-wants-to-take-its-e-book-price-fixing-case-to-the-supreme-court.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>

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