Judge rules Apple conspired to raise prices on e-books

In a sweeping rejection of Apple Inc's strategy for selling electronic books on the Internet, a federal judge ruled that the company conspired with five major publishers to raise e-book prices.

U.S. District Judge Denise Cote in Manhattan found "compelling evidence" that Apple violated federal antitrust law by playing a "central role" in a conspiracy with the publishers to eliminate retail price competition and raise e-book prices.


The article by Verge provides a lot few quotes by Steve Jobs and evidence posted by Publishers on the said collusion led by Apple to raise prices.

Source: http://www.reuters.com/article/2013/07/10/...