Apple to Ask United States Supreme Court to Hear eBooks Price Fixing Case

Apple plans to ask the United States Supreme Court to overturn a federal judge’s finding that it conspired to fix prices of ebooks when launching the iPad in January 2010, reports Fortune. The company says the case presents issues of ‘surpassing importance to the United States economy.'”This case . . . presents issues of surpassing importance to the United States economy,” the company argues in papers filed with the high court Wednesday. “Dynamic, disruptive entry into new or stagnant markets—the lifeblood of American economic growth—often requires the very type of” conduct that Apple engaged in, the company argues, and which U.S. District Judge Denise Cote of Manhattan found to be illegal in July 2013.Cote’s ruling was upheld by the U.S. Court of Appeals for the Second Circuit in June by a 2-1 ruling. Following the ruling, Apple said, “While we want to put this behind us, the case is about principles and values. We know we did nothing wrong back in 2010 and are assessing next steps.”Share Article:Facebook,   Twitter,   LinkedIn,   Google Plus,   Email,   Reddit,   Digg,   Delicious,   StumbleUponFollow iClarified:Facebook,   Twitter,   LinkedIn,   Google Plus,   Newsletter,   App Store,   YouTubeAdvertise Here

Source: iClarified Read More: Apple to Ask United States Supreme Court to Hear eBooks Price Fixing Case