Last month, a federal judge ruled that Apple is guilty of conspiring to raise the retail prices of e-books. The Justice Department on Friday proposed sweeping punishments: officials suggested that Apple be forced to terminate contracts it holds with five major book publishers, barred from entering contracts that control e-book prices, and forced to allow iPhone or iPad users to directly buy books from other retailers with their devices.
“The court found that Apple’s illegal conduct deprived consumers of the benefits of e-book price competition and forced them to pay substantially higher prices,” Bill Baer, assistant attorney general in charge of the DOJ antitrust division, told the Washington Post. “Under the department’s proposed order, Apple’s illegal conduct will cease and Apple and its senior executives will be prevented from conspiring to thwart competition in the future.”
And if that happens, I’ll eat my apple. Republicans vote FOR government regulation over a corporation? I don’t think so.If the proposed punishments go into effect, Apple would be required to house a court-appointed monitor who would enforce these regulations and make sure the firm abides by them for at least 10 years.
RT
...but hey, do what you want...you will anyway.
No comments:
Post a Comment