Supreme Court rejects Apple e-books price-fixing appeal

March 7th, 2016 | Posted by Steve in The Writing Life

Supreme Court rejects Apple e-books price-fixing appealapplearrow

The U.S. Supreme Court on Monday declined to hear Apple Inc’s challenge to an appellate court decision that
it conspired with five publishers to increase e-book prices, meaning it will have to pay $450 million as part of a settlement. … The Justice Department said the scheme caused some e-book prices to rise to $12.99 or $14.99 from the $9.99 price previously charged by market leader Amazon.com Inc.

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