Latest in Gear

Image credit:

Apple e-book price fixing case won't reach the Supreme Court

The court won't hear Apple's attempt to overturn a $450 million payout.
Jon Fingas, @jonfingas
March 7, 2016
Share
Tweet
Share

Sponsored Links

Apple's last shot at avoiding a $450 million e-book price fixing settlement just went out the window. The US Supreme Court has declined to hear Apple's challenge of an appeals court decision that left the company on the hook for allegedly conspiring with publishers to raise digital book prices. The decision won't have much of an impact on Apple's day-to-day business (the court-approved antitrust monitor is no longer watching it like a hawk). Still, it's a symbolic loss for a tech giant that maintains it did nothing wrong.

The ruling isn't shocking. Apple argued that upholding the settlement would "chill innovation and risk-taking" but that's not strictly true -- the point is to prevent potentially unfair pricing agreements, not to set prices or limit e-book features. If nothing else, the company can take solace knowing that there's pressure on the Justice Department to investigate Amazon for its own practices, such as selling below cost to squeeze out competitors.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

The 2020 Engadget Holiday Gift Guide

The 2020 Engadget Holiday Gift Guide

View
A bunch of gaming peripherals are deeply discounted for Black Friday

A bunch of gaming peripherals are deeply discounted for Black Friday

View
Scientists find neutrinos from star fusion for the first time

Scientists find neutrinos from star fusion for the first time

View
Belkin’s new wireless charger tries to do what AirPower promised

Belkin’s new wireless charger tries to do what AirPower promised

View
Google shows off 'Cyberpunk 2077' running on Stadia at 4K

Google shows off 'Cyberpunk 2077' running on Stadia at 4K

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr