Apple’s defeat in last week’s anti-trust suit proves there’s something rotten at the tech-giant’s core, but the implications extend throughout the industry.
Apple’s fight with Amazon over e-books reveals its manipulation of prices and its unwillingness to surrender profit. Last week a US federal judge found that Apple had violated antitrust laws by conspiring with publishers to raise e-book prices. The case, which was brought by the US Department of Justice, has been followed by the publishing industry with a fanaticism not seen since Fifty Shades of Grey.
While five – Macmillan, Penguin, Hachette, HarperCollins, and Simon & Schuster – of the Big Six publishers accused of colluding with Apple settled before the trial, Apple gallantly decided to go it alone, insisting they’d done nothing wrong.
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