Business

Friday 24 January 2020

Judge expects Apple is guilty of ebook price-fixing conspiracy

The selling of the bonds marks Apple's first debt issue since the 1990s
The selling of the bonds marks Apple's first debt issue since the 1990s

Katherine Rushton

An American judge says there is strong evidence that Apple was involved in a conspiracy with publishers to fix the price of ebooks.

The iPad maker was first accused three years ago of colluding with five publishing companies to artificially inflate the price of ebooks, as it battled to loosen the stranglehold of Amazon's Kindle.

Apple has been probed by the US Department of Justice, and is due to be brought to trial early next month.

However, in a highly unusual move, the judge, US District Judge Denise Cote, has discussed its likely outcome before it has begun.

"I believe that the government will be able to show at trial direct evidence that Apple knowingly participated in and facilitated a conspiracy to raise prices of ebooks, and that the circumstantial evidence in this case, including the terms of the agreements, will confirm that," she said yesterday.

Judge Cote stressed her view was not final and that she has not yet read all the evidence but her comments will heap pressure on Apple, which has consistently rejected allegations that it was involved in price fixing as "simply not true". (Daily Telegraph)

Telegraph.co.uk

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