U.S. district judge Denise Cote has ruled that Apple colluded with publishers to fix eBook prices. Here is more detail from Cote’s 160-page ruling. She wrote:
Apple seized the moment and brilliantly played its hand. Taking advantage of the Publisher Defendants’ fear of and frustration over Amazon’s pricing, as well as the tight window of opportunity created by the impending launch of the iPad on January 27 (the “Launch”), Apple garnered the signatures it needed to introduce the iBookstore at the Launch. It provided the Publisher Defendants with the vision, the format, the timetable, and the coordination that they needed to raise e-book prices.
The five publisher defendants had previously settled with the DOJ. Apple awaits its punishment. GalleyCat has more: “The judge will hold ‘a further hearing to define injunctive relief and damages’ at another date, but you can look at our post,What Happens If Apple Loses the eBook Case?.”