NEW YORK: Apple Inc said that it was assessing its next steps after a US court upheld a trial judge's decision concluding that the iPad maker conspired with five publishers to increase e-book prices.
In a statement issued after the 2nd US Circuit Court of Appeals in New York handed down its 2-1 decision, the company maintained that it did not conspire to fix e-book prices, as the US Justice Department contends.
"While we want to put this behind us, the case is about principles and values," Apple said. "We know we did nothing wrong back in 2010 and are assessing next steps."
Apple will be required to pay US$450mil (RM1.6bil) as part of a related settlement with 33 attorneys general and lawyers for a class of consumers. The accord had been contingent on Apple's liability being upheld. — Reuters
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