Judge: Apple conspired to raise e-book prices

Apple Inc. broke antitrust laws and conspired with publishers to raise electronic book prices, a federal judge ruled Wednesday, citing "compelling evidence" from the words of the late Steve Jobs. U.S. District Judge Denise Cote said Apple knew that no publisher could risk acting alone to try to eliminate $9.99 price for the most popular e-books so it "created a mechanism and environment that enabled them to act together in a matter of weeks to eliminate all retail price competition for their e-books." Photos Join the Discussion The Manhattan jurist, who did not determine damages, added: "The evidence is overwhelming that Apple knew of the unlawful aims of the conspiracy...