24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

Apple eBook Price Fixing Trial Begins

Apple conspired with publishers to increase ebooks prices, costing readers “hundreds of millions of dollars”, an antitrust trial heard yesterday.

In opening arguments reported by Reuters and others, Lawrence Buterman, a lawyer at the US Department of Justice, claimed Apple offered publishers a means to raise their prices from the low figures they were forced to accept with web bookseller Amazon.

Source: The Register. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement