As closing arguments unfold in the Department of Justice’s court case against Apple for price fixing, Publishers Weekly has released a digital book about the landmark trial.
The book takes an in depth look at the emails, meetings, memos and testimony leading up to this landmark case, but it also speculates what could happen if Apple loses this court battle. Written by Andrew Richard Albanese, The Battle of $9.99 was produced by Vook. Check it out:
Although a loss at trial would expose Apple to significant money damages, writing a big check to settle the state and consumer claims wouldn’t be all that painful for the company, currently sitting on billions of dollars in cash … “If this pricing model is suspect for books, are apps and music next?” asks James Grimmelmann, law professor at New York Law School. “And Apple could probably do without the political fallout of being found to be the ringleader in a conspiracy to violate the antitrust law.” If Apple does lose at trial, lawyers say that the Department of Justice has broad power to fashion an oversight program—and that program would not have to be limited to e-books.