Simon & Schuster CEO Boosts E-Book Case Against Apple

Law360, New York (June 5, 2013, 2:23 PM EDT) -- Simon & Schuster Inc.'s top executive indicated Wednesday at an antitrust trial in New York that U.S. publishers used price-matching provisions in e-book distribution contracts with Apple Inc. to push for higher prices with Apple's rival retailers like Amazon.com Inc.

Testimony from Simon & Schuster's CEO Carolyn Reidy seemed to support the government's case against Apple, which is accused of conspiring with five U.S. publishers to increase the price for digital books in the months leading up to the launch of its iBookstore in April 2010....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.