Apple hit with injunction in e-book case

2013-09-07 09:24
(Picture: AFP)

(Picture: AFP)

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New York - A federal judge, who found Apple liable for conspiring to fix e-book prices, entered an injunction on Friday intended to bar the iPad maker from further antitrust violations.

US District Judge Denise Cote in Manhattan said Apple could not enter into agreements with five major US publishers that would impede its ability to reduce e-book retail prices or offer price discounts.

The judge also ordered Apple to hire an external compliance monitor for two years to supervise the company's antitrust compliance efforts.

The final judgment will expire after five years, though Cote's order allows for extensions in one-year increments if necessary.

The permanent injunction followed a 10 July ruling by Cote finding Apple conspired with five publishers to undermine e-book pricing established by the dominant retailer in the market, Amazon.com.

Read more on:    amazon  |  apple  |  us  |  computing  |  security
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