NY Judge Rules Apple Must Modify E-Book Contracts to Prevent Price Fixing
Friday, September 06, 2013 - 11:09 AM
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