APPLE'S ARGUMENT: Was it wrong for the company and the publishers to get together to defeat a "monopolist" that was using "predatory pricing?"
NEW YORK: A US government lawyer faced tough questioning in an appeals court as he sought to defend a judge's ruling that Apple Inc conspired with five publishers to raise e-book prices.
In arguments before the Second US Circuit Court of Appeals in New York, some judges appeared sympathetic to Apple's contention that it engaged in pro-competitive conduct when in 2010 it entered an e-books market largely dominated by Amazon.com Inc. Amazon at the time had a 90% market share.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
