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Apple Inc Found in Violation of Federal and State Anti-trust Laws

The U.S. District Court of New York has found that Apple Inc. did participate in a price-fixing scheme which violated United States and State anti-trust laws. (Commons.wikimedia.org)
The U.S. District Court of New York has found that Apple Inc. did participate in a price-fixing scheme which violated United States and State anti-trust laws. (Commons.wikimedia.org)

UNDATED (WHTC) -- A federal court has found Apple, Inc in violation of federal and state antitrust laws in an E-book price fixing scheme.  Michigan Attorney General Bill Schuette said, “This case should serve as a cautionary tale for any companies considering illegal price-fixing schemes at the expense of consumers.  Schette, along with 30 other state attorneys general and the attorneys general of the District of Columbia and Puerto Rico won a suit claiming Apple, Inc conspired with five major publishers to artificially raise e-book prices.  If you purchased an e-book with an artificially inflated price, you should have already received a notice from your retailer.

Story by:  Diane E Coston

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