Legal News

Apple Inc. Faces Opposition from the Federal Government
Download PDF

Apple faces opposition from the federal government. The tech giant sought the temporary suspension and plans to appeal the July findings of U.S. District Judge Denise Cote. Apple cannot block a verdict that found it had conspired with major book publishers to raise book prices in violation of antitrust laws, the federal judge ruled at a hearing on Friday.

Michael Bromwich was appointed in October by U.S. District Judge Denise Cote to evaluate Apple’s antitrust compliance policies. The former Justice Department inspector former director of the Bureau of Safety and Environmental Enforcement, according to reports by Bloomberg News, Bromwich set up the unit after the 2010 Gulf of Mexico oil spill.

  
What
Where


“Apple has showed no remorse, or made any public statement admitting wrongdoing,” Judge Cote stated. “They are, in a word, unrepentant” for conspiring in 2010 with five major book publishers to price-fix the costs of e-books and de throne Amazon from its position as the leader in the e-book industry.

The five major book publishers weighed in, arguing that banning Apple from the e-book industry would violate the agreements that they made with the Justice Department when they settled. The Justice Department disagreed in a letter filed with the court and added that “Apple should not be rewarded with the same terms received by those who chose to settle to avoid the risks of litigation.”

According to Courthouse News, all the five book publishers – HarperCollins Publishers, Hachette Book Group, Simon & Schuster, Holtzbrinck Publishers and Penguin Random House – settled, leaving Apple alone to defend itself.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Image Credit: www.businessweek.com



 

Most Popular

Legal Career Resources

July 26, 2016 Making Partner Is No Party

Summary: Once an attorney makes partner, their job does not become a big party like some associates seem to think when starting out. Read 21 Reasons Why Being a Large Law Firm Partner Is More Difficult Than Being an Associate […]

read more

SEARCH IN ARCHIVE

To Top