Supreme Court Refuses To Hear Apple's Appeal In eBook Price Fixing Case

from the time-to-pay-up dept

This isn’t a huge surprise, but this morning the Supreme Court refused to hear Apple’s appeal of its loss in the case brought by the Justice Department for engaging in price fixing on ebooks with the big book publishers. During the course of the case and appeals, Apple worked out a settlement, agreeing to pay $450 million — but only after the appeals process was exhausted. And, that’s now happened. As with basically all appeals rejected by the Supreme Court, the court gave no reason. It just denied cert. Meanwhile, even as Apple has now lost the case, it did still succeed in forcing the price of many ebooks much, much higher.

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Companies: apple

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