Yesterday, Judge Denise Cote of the U.S. District Court for the Southern District of New York, in a 56-page decision, denied Apple’s motion to dismiss the federal antitrust complaint filed against it, which alleged that Apple spearheaded a conspiracy among e-book publishers to fix e-book prices by introducing “agency pricing” where the publisher, not the […]
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Apple Accused Of Fixing E-book Prices, Conspiring With Publishers
The U.S. Department of Justice filed a federal antitrust complaint against Apple and Hachette, HarperCollins, MacMillan, Simon & Shuster, Pearson, and Penguin, alleging e-book price fixing in violation of the Sherman Act. According to the complaint, after unsuccessfully trying to pressure Amazon into raising its e-book prices, the publishing companies found common cause with Apple. The […]