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Friday, October 30, 2015

Apple Antitrust Decision

Apple Asks U.S. Supreme Court to Toss e-Books Antitrust Decision

Reuters | October 29, 2015

Apple Inc has asked the U.S. Supreme Court to overturn an appellate court decision that found the iPad maker conspired with five publishers to increase e-book prices.
Apple asked the high court on Wednesday to review a June ruling that favored the U.S. Department of Justice, and found the company liable for engaging in a conspiracy that violated federal antitrust laws.

If upheld, the decision would also force Apple to pay consumers $450 million under a 2014 settlement with 33 state attorneys general and consumers that was contingent on the company's civil liability being upheld.

<more at; related links: (Apple asks Supreme Court to overturn decision in ebooks antitrust case. October 29, 2015) and (Apple loses appeal of ebooks case ruling, will pay $450 million in damages. June 30, 015)>

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