In 2012 Federal district court found Apple guilty because they were raising the price of the e-books. They were pleaded as guilty because they were in violation of the Sherman Act. Apple wasn’t the only company to raise the prices they were just the only one to try to go to trial about it. The other publishers that raised the prices as well are Hachette Book Group, HarperCollins Publishers, Macmillan Publishers, Penguin Group, and Simon & Schuster they decided to settle their claims instead of going to trial about it. Apple was trying to sell their e-books for $9.99 between $14.99 but the new released books are sold from $12.99 between $14.99. Amazon saw how much Apple and the other companies were selling their e-books for and changed the …show more content…
The e-book buyers will get 400 million dollars out of the $450 million if they were to lose. The other 50 million dollars goes to the layers and credits who were involved in this big case. Since the Court refused to hear Apple’s appeal they automatically lost against Amazon. Apple tried to argue with the court that they never wanted to raise the prices for the e-books and it was the publishers that wanted to raise the prices. The courts final remedy was that there is evidence showing that Apple has broken the law of Section 1 of the Sherman Act. They done this by contriving with the other publishers to end the retail price competition. They wanted to just raise the price of e-books instead of competing with other publishers. There is evidence to show that Apple was an active member in this plan. They will be pleaded guilty because they were knowingly and active in this plan. This whole case was a little much because the court should have at least gave Apple the opportunity to state their side of the story instead of just going off of what Amazon wrote in a letter. Apple was wrong for charging $14.99 for an e-book when other publishers are selling them for cheaper. The court should have just let Apple keep selling them for that much because their sale prices would have went down eventually because of it. By the court not letting Apple state their case they got a lot of money to give to the e-book buyers