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[h=4]Judge: Apple must modify e-book contracts[/h]
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AP 10:27 a.m. EDT September 6, 2013
The Apple logo hangs in front of an Apple store in New York City.(Photo: Spencer Platt, Getty Images)
NEW YORK (AP) -- A New York judge has ordered Apple to modify its contracts with publishers to prevent e-book price fixing and has appointed an external compliance monitor to review the company's antitrust policies.
The order was issued Friday by federal Judge Denise Cote.
She is ordering Apple to make various changes to its contracts to ensure it does not repeat the kind of price fixing that resulted when it colluded with publishers in 2010.
The judge ruled in July that the collusion occurred despite Apple's insistence that it acted fairly. The Justice Department said Friday it was pleased with the order. It said consumers will benefit from lower e-book prices.
Apple spokesman Tom Neumayr says the company will appeal the July decision. He says Apple did not conspire to fix e-book pricing.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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[h=5]Open season on drones? | USA NOW video[/h][h=5]Sep 06, 2013[/h]
[h=6]Share This Story![/h]Let friends in your social network know what you are reading about
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AP 10:27 a.m. EDT September 6, 2013
The Apple logo hangs in front of an Apple store in New York City.(Photo: Spencer Platt, Getty Images)
NEW YORK (AP) -- A New York judge has ordered Apple to modify its contracts with publishers to prevent e-book price fixing and has appointed an external compliance monitor to review the company's antitrust policies.
The order was issued Friday by federal Judge Denise Cote.
She is ordering Apple to make various changes to its contracts to ensure it does not repeat the kind of price fixing that resulted when it colluded with publishers in 2010.
The judge ruled in July that the collusion occurred despite Apple's insistence that it acted fairly. The Justice Department said Friday it was pleased with the order. It said consumers will benefit from lower e-book prices.
Apple spokesman Tom Neumayr says the company will appeal the July decision. He says Apple did not conspire to fix e-book pricing.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
[h=6]USA NOW[/h]
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