Posted by : Unknown Wednesday, July 10, 2013

A judge has ruled in the government's favor in its case against the computing giant. Apple had warned a guilty verdict could have chilling effect on digital media deals.



July 10, 2013 6:18 AM PDT




In a quick decision, the Southern District of New York has ruled that Apple violated antitrust laws in government's e-book price-fixing case against the computing giant, according to the judge's decision Wednesday.


"This Court finds by a preponderance of the evidence that Apple conspired to restrain trade," Judge Denise Cote said in a 160-page opinion.


Bloomberg and Reuters reported the news earlier.


A trial for damages will to follow. The original trial's arguments closed June 20.


The U.S. Department of Justice, which initially sued Apple and a handful of the nation's largest publishers early last year, said Apple and the publishers had two objectives when making their deals: raise e-book prices and restrain retail price competition to hurt Amazon. Apple rejected the charges and said a guilty verdict could have a negative impact on how digital media deals are negotiated.


CNET will update as more details become available and Apple responds to requests for comment.



Translate

Like fanpage

Popular Post

Blog Archive

Powered by Blogger.

- Copyright © News and design logo -Metrominimalist- Powered by Blogger - Designed by Johanes Djogan -