Breaking news has been released in the United States vs Apple Department of Justice Case! According to a Publishers Weekly article titled, “Apple Loses: Judge Finds Price-Fixing in E-Book Case,” Judge Denise Cote has put an end to the case that has left major publishing houses and Apple in jeopardy. Her descision was not in favor of the involved publishing companies, Macmillian, Penguin, HarperCollins, Simon & Schuster, and Hachette, or Apple Inc. These companies did, indeed, collude to fix e-book prices in 2010. “This Court finds by a preponderance of the evidence that Apple conspired to restrain trade in violation of Section 1 of the Sherman Act,” said Judge Cote. “With Apple’s active encouragement and assistance,” she continued, “the Publisher Defendants agreed to work together to eliminate retail price competition and raise e-book prices, and again with Apple’s knowing and active participation, they brought their scheme to fruition.”
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