In a 2-1 vote, the guilty verdict says Apple Fixed Prices and broke antitrust laws with its e-book business. Accused of price collusion e-book prices rose from $9.99 to $14.99 in 2010. Apple will be forced to pay back consumers $450 million settlement unless it appeals the decision with the Supreme Court.
The case is part of an ongoing saga of appeals that began in 2013. Another court decision found Apple fixed prices of ebooks in a conspiracy with a number of publishers to eliminate retail competition and raise prices. This scheme, purpots the court, caused e-book prices to jump from $9.99 to $12.99 to $14.99 – matching market leader Amazon.