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US, states propose remedy for Apple e-book price-fixing

Apple Inc. deserves a 5-yr ban from entering anticompetitive e-eBook distribution contracts, and should also end its business preparations with 5 main publishers with which it conspired to raise e-guide prices, federal and state regulators mentioned on Friday.

The U.S. division of Justice and 33 U.S. states and territories proposed those changes and others after a federal judge closing month found in a civil antitrust case that Apple conspired with the publishers to boost e-e-book prices.

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Mulling over a five 12 months ban

Regulators accused Apple of conspiring to undercut Amazon.com Ink’s e-e book dominance, causing some e-guide prices to upward push to $12.99 or $14.99 from the $9.99 that the web retailer had been charging.

U.S. District choose Denise Cote in Manhattan on July 10 ruled that Apple had played a “vital role” in a conspiracy to do away with retail price competition and lift e-e-book prices.

A hearing to discuss treatments is scheduled for August 9. Cote has mentioned she also plans to hold a trial on damages.

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