Apple says U.S. DOJ’s e-book accusations are ‘misguided’

“Apple characterized allegations that it was a ringleader in a conspiracy with publishers to fix ebook prices as a ‘misguided story’ that lacked evidence during closing arguments on Thursday in its antitrust case,” Emily Steel reports for The Financial Times.

“The DoJ has claimed that the alleged conspiracy led to a ‘dramatic’ increase in the average price of ebooks, costing consumers hundreds of millions of dollars,” Steel reports. “Orin Snyder, an attorney representing Apple, said that the government ‘failed to come close’ to proving that Apple’s actions were a ‘concerted, unlawful’ scheme rather than ordinary business practices. ‘The entire conspiracy charge against Apple falls apart,’ he said.”

Steel reports, “In response to questions from Judge Denise Cote, of the US District Court for the Southern District of New York, who is presiding over the case, Mr Snyder said that Apple had no opinion as to whether the publishers were engaged in their own conspiracy to fix prices… Judge Cote is expected to issue a verdict for the non-jury trial in the coming weeks or months.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Brawndo Drinker” for the heads up.]

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