Justice Department Calls Apple the "Ringmaster" In e-book Price Fixing Case
An anonymous reader writes "Back in April 2012, the U.S. Justice Department filed an antitrust lawsuit against Apple and a number of publishers for allegedly colluding to raise the price of e-books on the iBookstore. As part of its investigation into Apple's actions, the Justice Department collected evidence which it claims demonstrates that Apple was the 'ringmaster' in a price fixing conspiracy. Specifically, the Justice Department claims that Apple wielded its power in the mobile app market to coerce publishers to agree to Apple's terms for iBookstore pricing."
Proposed penalty: 1. Refund customers 30% for every bit of electronic media they sold since they started this corrupt practice. 2. 2-year ban on Apple selling electronic media -- e-books, music and video.