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US judge gives Apple guilty verdict for eBook price fixing

News   •   Jul 10, 2013 19:31 BST

According to Reuters, A U.S. District judge, Judge Denise Cote, has given the iPad-maker a guilty verdict for eBook price fixing.

In her ruling, Judge Cote said, “Apple chose to join forces with the publisher defendants to raise e-book prices and equipped them with the means to do so. Without Apple’s orchestration of this conspiracy, it would not have succeeded as it did.”

Head of the Justice Department’s antitrust division, Bill Baer, said in a statement, “This result is a victory for millions of consumers who choose to read books electronically. This decision by the court is a critical step in undoing the harm caused by Apple's illegal actions.”

Apple will appeal the ruling.

Apple spokesman, Tom Neumayr, said, “Apple did not conspire to fix e-book pricing. When we introduced the iBookstore in 2010, we gave customers more choice, injecting much needed innovation and competition into the market, breaking Amazon’s monopolistic grip on the publishing industry. We’ve done nothing wrong.”

Hagens Berman Sobol Shapiro partner, Steve Berman, said, “It exposes Apple to hundreds of millions of dollars in damages, which is what we’ll ask for.”

“Evidence in the case included emails from Apple’s late co-founder Steve Jobs to News Corp executive James Murdoch that the government said reflected Jobs’ desire to boost prices and “create a real mainstream e-books market at $12.99 and $14.99,” Reuters reports.

Judge Cote said, “Apple's efforts to explain away Jobs's remarks have been futile.”

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