Apple's E-Books Loss Will Carry A Hefty Price Tag

Law360, New York (July 10, 2013, 8:49 PM ET) -- Apple Inc. may find itself on the hook for tens if not hundreds of millions of dollars in damages for fixing e-book prices after losing the first stage of a blockbuster antitrust battle Wednesday, experts said, as state attorneys general and consumers line up for compensation.

In a 160-page opinion, U.S. District Judge Denise Cote laid out the alleged conspiracy among Apple and five of the nation's biggest publishers to bring e-book price levels above the $9.99 standard set by Amazon.com Inc., noting that some of...
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