Saturday, April 19, 2014

News
NY judge: Apple conspired to raise e-book prices


NEW YORK (AP) - The judge at a New York civil anti-trust trial has found that Apple Inc. conspired with publishers to raise electronic book prices.

The ruling was issued Wednesday in Manhattan federal court. Apple did not immediately respond to a request for comment.

Apple attorney Orin Snyder told Judge Denise Cote previously that she would set a "dangerous precedent" if she concluded that Apple manipulated e-book prices as it entered the market in 2010.

The lawsuit was filed last year against Apple and major publishers. The government previously reached settlements with five publishers.

The trial had featured testimony from executives for Apple, publishers and Amazon.com.