Apple Conspired To Raise Prices Of E-Books, Federal Judge Rules

Apple Conspired To Raise Prices Of E-Books, Federal Judge Rules

NEW YORK - Apple Inc. conspired with several publishers to fix prices of electronic books in violation of Section 1 of the Sherman Act and various states' laws, a federal judge in New York ruled July 10 following a bench trial (United States of America v. Apple Inc., et al., No. 12 Civ. 2826, S.D. N.Y.; State of Texas, et al. v. Penguin Group $(USA$) Inc., et al., No. 12 Civ. 3394, S.D. N.Y.).

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