Posts Tagged ‘price-fixing’
![E-book and books](https://publiclibrariesonline.org/wp-content/uploads/2014/12/EBookreal-330x271.jpg)
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.