The Second Circuit Court of Appeals ruled on Apple’s appeal of the verdict finding them guilty of antitrust violations in launching the iBookstore, upholding District Court Judge Denise Cote’s initial finding. Judge Debra Ann Livingston writes the majority opinion in the 2-1 ruling: “We conclude that the district court’s decision that Apple orchestrated a horizontal conspiracy among the Publisher Defendants to raise ebook prices is amply supported and well‐reasoned, and that the agreement unreasonably restrained trade in violation of § 1 of the Sherman Act.” As expected by court observers, Judge Dennis Jacobs files a dissenting opinion. While agreeing with Judge Cote’s findings […]
