The US Department of Justice, currently suing Apple Inc. over allegations of price-fixing e-books, recently presented evidence in a court filing that outlined an email by founder Steve Jobs, sent to Rupert Murdoch. According to court documents, the email is significant as Rupert Murdoch owns News Corporation, the parent company of e-book publisher HarperCollins, which was also named in the original complaint. According to reports, the email encouraged Murdoch to up the prices of e-books from the Amazon price of $9.99. In defense, Apple claims the email simply shows two media moguls looking to navigate the realities of the e-books market; the DOJ, however, described the argument as “unconvincing” and cited the email as proof of price-fixing and, further, Jobs’ awareness of the practice.
Full Content: The Verge
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Electrolux Fined €44.5 Million in French Antitrust Case
Dec 19, 2024 by
CPI
Indian Antitrust Body Raids Alcohol Giants Amid Price Collusion Probe
Dec 19, 2024 by
CPI
Attorneys Seek $525 Million in Fees in NCAA Settlement Case
Dec 19, 2024 by
CPI
Italy’s Competition Watchdog Ends Investigation into Booking.com
Dec 19, 2024 by
CPI
Minnesota Judge Approves $2.4 Million Hormel Settlement in Antitrust Case
Dec 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand