Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday July 10, 2013

Apple Found Guilty of Price Fixing

I like how the Apple spokesman said the company will "fight against these false accusations" after the courts found "overwhelming" evidence to the contrary. Apple says it will appeal.

U.S. District Judge Denise Cote said Apple knew that no publisher could risk acting alone to try to eliminate’s $9.99 price for the most popular e-books so it "created a mechanism and environment that enabled them to act together in a matter of weeks to eliminate all retail price competition for their e-books."