Apple E-book Verdict an Opportunity for Libraries

The verdict is in—Apple illegally worked behind the scenes with publishers to limit competition in the e-book market. Last month, the US Supreme Court upheld a lower court ruling which found Apple conspired with the “Big Five Publishers” (Hachette, Macmillan, HarperCollins, Penguin Random House, and Simon & Schuster) to fix e-book prices. Apple will need to pay a settlement of $450 million to e-book customers and the class-action law firms representing them.