Grand Canyon University Apple Store Price Fixing Case Discussion

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no34

Health Medical

Grand Canyon University

Question Description

I’m studying for my Health & Medical class and need an explanation.

Apple is returning money to ebook buyers after losing the price-fixing lawsuit

Kastenakes, J. (2016). Apple is returning money to ebook buyers after losing price-fixing lawsuit. The Verge. Retrieved http://www.theverge.com/2016/6/21/11991526/apple-ebook-price-fixing-refunds-begin-for-consumers

  • What specific price-fixing act was Apple being accused of?
  • What was the verdict and consequences?

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Explanation & Answer

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Running Head: DISCUSSION

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Apple's Store price-fixing case
In 2012, the Justice Department sued Apple and five US publishers in an antitrust
Lawsuit. The Justice Department accused Apple and the publishers of price-fixing of allegedly
conspiring to increase e-books prices. The plaintiff claimed that when Apple prepared for iPad's
introduction, it approached...

GurUrff (16576)
Boston College

Anonymous
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