U.S. Supreme Court turns away Apple’s e-books antitrust appeal


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Ending Apple’s legal feud with state and federal antitrust regulators, the U.S. Supreme Court on Monday rejected the Silicon Valley power’s last-ditch appeal of an order requiring the company to establish a $450 million compensation fund because it colluded with publishers in the electronic book market to jack up prices.

In a one-line order, the justices without comment let stand a federal appeals court ruling last year that backed a lower court decision against Apple, accused by the U.S. Justice Department and dozens of states of violating antitrust laws when the company entered the e-books market in 2010. The gist of the government’s case was that Apple tried to rig the e-books market in an effort to cut into Amazon’s grip on the industry.

http://www.mercurynews.com/crime-courts/ci_29605761/u-s-supreme-court-turns-away-apples-antitrust

Supreme Court Turns Away Apple Appeal in E-Books Antitrust Case


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Apple Inc.’s battle against government antitrust enforcers ended in defeat Monday when the Supreme Court declined to consider its appeal of a lower-court ruling that found the company liable for conspiring to raise prices of e-books.

The Justice Department and about 30 states sued Apple in 2012, alleging it orchestrated a conspiracy among five of the top six U.S. publishers to fix e-book prices when it launched the iPad in 2010.

A New York federal trial judge in 2013 found Apple liable for price fixing, saying the company played a central role in a conspiracy among the five publishers to raise e-book prices. The Second U.S. Circuit Court of Appeals in New York agreed last year in a 2-1 ruling.

http://www.wsj.com/articles/supreme-court-turns-away-apple-appeal-in-e-books-antitrust-case-1457362484