US appeals court agrees Apple violated antitrust laws with publishers to raise e-book prices

Markets Associated Press

A federal appeals court in New York says Apple violated antitrust laws by colluding with publishers to raise electronic book prices in 2010.

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The 2nd U.S. Circuit Court of Appeals in Manhattan ruled 2-to-1 Tuesday that a lower court judge was right to find Apple violated the laws to upset Amazon.com's control of the market.

The appeals court also agreed that Judge Denise Cote (koht) was right to order injunctive relief to ensure the Cupertino, California-based company didn't commit additional violations of antitrust laws.

An Apple lawyer did not immediately return a message for comment.

Cote ruled against Apple after a civil trial in summer 2013. She ordered the technology giant to modify contracts with publishers to prevent price fixing and appointed a monitor to review the company's antitrust policies.