Apple is sentenced with U.S. injunction in e-books antitrust case for 5 years. New restrictions for Apple will limit tech giant in making new deals with publishers and also all of its antitrust compliance policies and procedures will be reviewed by an external monitor for 2 years. Apple has decided to appeal against the decision.
Apple hit with U.S. injunction in e-book price fixing case. U.S. District Judge Denise Cote has found Apple guilty in e-books antitrust case and gave her judgment on Friday in New York. In her decision against Apple, Judge limits the tech giant in making new agreements with publishers. This decision will affect Apple's agreements of movies, music and TV shows.
Not only Cote limits Apple in making new agreements, but she will also appoint an external monitor for the iPhone maker. This external monitor will "review Apple's antitrust compliance policies, procedures and training for two years," according to Reuters.
The duration of this judgment is 5 years. After 5 years, its terms will expire. However, one-year extension can be taken if necessary. But Apple is not satisfied with this judgment. Apple said that it would surely appeal against the injunction decision.
The Cupertino spokesman Tom Neumayr said, "Apple did not conspire to fix e-book pricing. The iBookstore gave customers more choice and injected much-needed innovation and competition into the market."