Apple conspired to raise price of ebooks


Reuters: A federal judge ruled that the company conspired with five major publishers to raise the retail prices of e-books.

Share this article!

Reuters: A federal judge ruled that the company conspired with five major publishers to raise the retail prices of e-books.

U.S. District Judge Denise Cote in Manhattan found “compelling evidence” that Apple violated federal antitrust law by playing a “central role” in a conspiracy with the publishers to eliminate retail price competition and raise e-book prices.

 

Read more.




Latest from Oregon Business Team