Monday, June 3, 2013

Trial Centering on Apple E-Book Price Fixing Claim Begins Monday

Posted By on Mon, Jun 3, 2013 at 9:19 AM

Idaho and multiple other states have already settled with five major publishers that were accused of unlawful conspiracy to fix the prices of e-books, but one defendant remains: Apple.

Today in a New York City courtroom a federal judge will hear prosecutors' claims that Apple, Inc., was involved in price-fixing. Feds alleged that Apple, along with HarperCollins, Simon & Shuster, Harchette, McMillan and Penguin books, conspired to force to raise its prices for e-books.

Attorneys for the California-based Apple say the allegation is based on "faulty assumptions and unfounded conclusions."

The federal judge has already urged Apple to follow suit with the five other publishers to settle with the U.S. government.

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