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Apple Price Fixing
Apple went on trial this week (02/06/2013) to face charges brought by the US department of justice (DOJ) that, in 2009, it knowingly conspired to fix the prices of eBooks in the US. Last year Apple and five publishers (Macmillan, Penguin, Hachette, Simon & Schuster and the News Corp owned HarperCollins) were brought to book over alleged price-fixing, and while the five publishers have settled, Apple continues to dispute the price-fixing claims. The government is seeking to stop further collusion rather than impose fines for alleged past illegal activities. At the core of the price-fixing is the alleged forcing of...