WASHINGTON — The continuing saga of Apple and fixing e-book prices graces the headlines of tech newspapers and websites.
Reuters reported that the U.S. judge, District Judge Denise Cote, entered an injunction last Friday to stop Apple from committing more antitrust violations.
Apple could no longer enter into agreements with five major U.S. publishers who conspired with Apple to fix e-book prices back in 2010. Judge Cote also appointed an external monitor to watch over Apple’s antitrust compliance for the next two years. The overall agreement will expire after five years, but if violations are found, it could be extended in one-year increments.
The major publishers that were found compliant in e-book price-fixing, all to hurt Amazon’s e-book business, were Lagardere SCA’s Hachette Book Group Inc, News Corp’s HarperCollins Publishers LLC, Penguin Random House LLC, CBS Corp’s Simon & Schuster Inc and Verlagsgruppe Georg von Holtzbrinck GmbH’s Macmillan.