Judge rules Apple ‘conspired with publishers’ for e-book price fix
London: A Manhattan judge has reportedly announced that software manufacturer Apple allegedly ‘conspired’ with book publishers in order to fix e-book prices.
According to BBC, Denise Cote said that Apple conspired to restrain trade and ordered new hearing to determine damages to be imposed on Apple.
Apple had been accused by the US government of fixing prices of e-books with publishers rather than individual retailers to do so, thereby taking a percentage of sales made through its iBooks platform.
The US Department of Justice said the conspiracy was designed to challenge online retailer Amazon''s dominance of the fast-growing e-books market.
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