Apple Asks Supreme Court to Hear eBook Case
Apple has turned to the US Supreme Court in an effort to overturn a federal judge’s ruling that found the company guilty of eBook price fixing when it launched the iBook store alongside the original iPad in 2010, reports Fortune.
“This case . . . presents issues of surpassing importance to the United States economy,” the company argues in papers filed with the high court Wednesday. “Dynamic, disruptive entry into new or stagnant markets—the lifeblood of American economic growth—often requires the very type of” conduct that Apple engaged in, the company argues, and which U.S. District Judge Denise Cote of Manhattan found to be illegal in July 2013.
Earlier this June, judge Denise Cote’s ruling was upheld by a panel of the US Court of Appeals for the Second Circuit, but Apple suggested it would turn to the Supreme Court, because it felt that the “case is about principles and values” and is confident it did nothing wrong in 2010.
A settlement was reached between Apple and private class action lawyers, under which Apple will pay $450 million to resolve antitrust liabilities, so affected customers will get their paycheck anyway.