Apple heads to court over e-books price fixing
June 3 , 2013
Apple and the U.S. government are set to meet in court later today over allegations the company conspired with publishers to increase the price of e-books.
The civil trial will see Apple take on the Justice Department in a case that “will effectively set the rules for Internet commerce," according to David Balto, a former policy director for the U.S. Federal Trade Commission.
The Justice Department filed its case against Apple and five of the six biggest American book publishers last April.
The lawsuit accused them of conspiring to raise e-book prices in order to curb monopolization by Amazon.
Apple has rejected the allegations and will go to trial alone after the five publishers agreed to sign a settlement with the government and pay a collective $164 million.
The five publishers were Pearson Plc's Penguin Group, News Corp's HarperCollins Publishers, CBS Corp's Simon & Schuster, Hachette Book Group and MacMillan.
The U.S. government is pushing for an order to block Apple from engaging in such practices as opposed to seeking damages.