Apple gets hit for e-book price fixing

The Apple logo is displayed on the exterior of an Apple Store on April 23, 2013 in San Francisco, Calif.

A federal judge ruled this morning that Apple colluded with five major U.S. publishers to fix e-book prices. The ruling is a blow to the tech giant, which has maintained that the lawsuit levied by the justice department was full of false accusations. But the ruling stated that there was "overwhelming evidence" that Apple conciously joined an unlawful conspiracy in 2010 to set the prices of the digital books.

Lauren Indvik, associate business editor at Mashable, joins Marketplace Tech host Ben Johnson to discuss. 

About the author

Ben Johnson is the host of Marketplace Tech.

Comments

I agree to American Public Media's Terms and Conditions.
With Generous Support From...