NY Judge Rules Apple Must Modify E-Book Contracts to Prevent Price Fixing

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Tech giant Apple will have to modify contracts with publishers to prevent price fixing for electronic books as a result of a ruling by a federal judge in New York Friday.

In July, Judge Denis Cote found that Apple had colluded with book publishers to set the price of e-books artificially high in 2010, something Apple continues to deny.

The Justice Department said it was pleased with the order. It said consumers will benefit from lower e-book prices.

Apple said the company will appeal both rulings.

With the Associated Press