Hachette Book Group

Apple found guilty of e-book price fixing

Apple's Eddie Cue (centre) leaves Manhattan federal court. Photo: AP

In a decision that could reshape how electronic books are sold on the internet, a federal judge ruled that Apple conspired to raise the retail prices of e-books, and ordered a trial on damages. he decision by District Judge Denise Cote in Manhattan is a victory for the US Department of Justice and 33 states that brought the antitrust case.

Thursday, 11 July, 2013, 10:12am

Apple warns of 'chilling effect' as antitrust trial ends

Amazon boss Jeff Bezos brandishes a Kindle tablet. Apple is accused of conspiring with US publishers to lift the price of e-books to undercut the pricing established by then-dominant Amazon. Photo: Reuters

Apple, on trial for allegedly colluding to raise the price of e-books, said an adverse ruling would have a “chilling effect” on how businesses investigate new markets.

21 Jun 2013 - 1:19pm 1 comment