Apple Hit Upside the Head by E-Book Ruling


A federal judge ruled Wednesday that Apple had violated antitrust laws by conspiring with several publishers to raise e-book prices. “The result is a victory for millions of consumers who choose to read books electronically,” exulted Bill Baer, head of the U.S. Justice Department’s antitrust division. Apple has vowed to appeal, but it’s widely expected that 33 states will seek damages in light of this ruling. The resulting legal battles could mark “the beginning of what could be a pretty tough time for Apple,” said tech analyst Charles King.

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Apple Hit Upside the Head by E-Book Ruling

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