Apple found guilty of ebook price fixing

This week a U.S. District Court has found that Apple Computer “facilitated a conspiracy” to fix ebook prices when it rolled out its iPad in 2010.


?The plaintiffs have shown that the publisher defendants conspired with each other to eliminate retail price competition in order to raise e-book prices, and that Apple played a central role in facilitating and executing that conspiracy,? Judge Cote wrote in her 160-page ruling. ?Without Apple?s orchestration of this conspiracy, it would not have succeeded as it did in the Spring of 2010.?

A new trial to determine damages is being set. According to Time, Apple has said it will appeal. The Time article has a real good overview of the whole case if you’re not familiar with it and what’s at stake.