Apple Asks U.S. Supreme Court to Overturn Guilty Verdict in E-Books Antitrust Case

ibooks-iconApple is asking the United States Supreme Court to overturn the 2013 U.S. Appellate Court ruling that found the company guilty of conspiring with publishers to inflate the prices of e-books, reports Reuters.

Apple's petition comes following the loss of a June appeal where the U.S. Court of Appeals for the Second Circuit upheld the guilty verdict and maintained Apple violated antitrust laws and colluded with five publishers - HarperCollins, Simon and Schuster, Hachette Book Group, Macmillan, and Penguin - to fix e-book prices and unreasonably restrain trade.

Apple in its petition said the June decision by the 2nd U.S. Circuit Court of Appeals in New York contradicted Supreme Court precedent and would "chill innovation and risktaking."

"The Second Circuit's decision will harm competition and the national economy," Apple wrote.

Should the U.S. Supreme Court uphold the lower court's verdict, Apple will be forced to pay $450 million as part of a settlement with class action lawyers and state district attorneys, with $400 million of that amount earmarked for consumers. Apple reached the settlement in June of 2014 to avoid a lengthy damages trial, but the payout hinged on the outcome of the company's appeal.

Though Apple was found guilty, the company has maintained its innocence throughout the dispute. In its appeal, Apple said its efforts "kick-started competition" to deliver "higher output, lower price levels, and accelerated innovation."

Top Rated Comments

LordVic Avatar
99 months ago
If I get charged with running a red light, can I revisit the case and ask that my conviction be overturned?
actually... yes.
Score: 12 Votes (Like | Disagree)
Lazy Avatar
99 months ago

You lost Apple, deal with it.
That's what they're doing: they're appealing.
Score: 11 Votes (Like | Disagree)
thasan Avatar
99 months ago
I never understood how apple got into trouble but Amazon got away with it screwing publishers and ultimately strangling the market..
Score: 8 Votes (Like | Disagree)
LordVic Avatar
99 months ago
How exactly did Amazon screw the publishers?
Amazon has been accused in the past of a few things. From Predatory pricing in order to drive other business out of the market to essentially holding publishers "hostage" by refusing to sell their materials without agreeing to their heavily Amazon sided contracts, abusing their near digital monopoly on e-book sales.
Score: 7 Votes (Like | Disagree)
thasan Avatar
99 months ago
How exactly did Amazon screw the publishers?
Price? They are so big they can demand any price and publishers had little choice.. Isn't it?. Much like the British supermarkets doing to the milk producers in U.K. ..
Score: 6 Votes (Like | Disagree)
LordVic Avatar
99 months ago
I never understood how apple got into trouble but Amazon got away with it screwing publishers and ultimately strangling the market..
I agree.

not that I want Apple to "get away" with it and to win their appeal

But Amazon needs to be held to the same legal standards.
Score: 5 Votes (Like | Disagree)

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