Apple violated antitrust laws by colluding with publishers to raise electronic book prices when it entered a market in 2010 that had been dominated by Amazon, a divided federal appeals court panel said Tuesday.
A three-judge panel of the 2nd U.S. Circuit Court of Appeals in Manhattan ruled 2-to-1 that a lower-court judge correctly found Apple violated the law to upset Amazon’s control of the market.
The appeals court also agreed that U.S. District Judge Denise Cote was right to order injunctive relief to ensure the Cupertino-based company didn’t commit additional violations of antitrust laws.
In a statement, Apple said the ruling did nothing to change the fact that it did not conspire to fix e-book pricing.
Full content: ABC News
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