U.S. judge rules Apple conspired to fix e-book prices

  • A US judge ruled on Wednesday that Apple had conspired with publishers to fix the price of electronic books.

    Manhattan Judge Denise Cote said the firm had "conspired to restrain trade".

    Apple has said it will appeal against the ruling and fight "false allegations".

    The Justice Department filed its case against Apple and five of the six biggest American book publishers in April last year.

    The lawsuit accused them of conspiring to raise e-book prices in order to curb monopolization by Amazon.

    Apple rejected the allegations and went to trial alone after the five publishers agreed to sign a settlement with the government and pay a collective $164 million to benefit consumers.

    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 judge has ordered a new hearing to determine the damages to be paid by Apple.

    Tagged as: Technology news, e-book prices, fix e-book prices, e-book price