Trending:

Apple loses latest bid to block e-books antitrust monitor

FP Archives February 11, 2014, 05:09:40 IST

Apple Inc on Monday lost its latest bid to put a court-appointed antitrust monitor on hold after a federal appeals court rejected its argument that his work was causing irreparable harm to the company.

Advertisement
Apple loses latest bid to block e-books antitrust monitor

New York: Apple Inc on Monday lost its latest bid to put a court-appointed antitrust monitor on hold after a federal appeals court rejected its argument that his work was causing irreparable harm to the company. In a brief order, the 2nd U.S. Circuit Court of Appeals in New York said that monitor Michael Bromwich may continue to examine Apple’s antitrust compliance policies while the company pursues a broader appeal seeking to remove him altogether. U.S. District Judge Denise Cote installed Bromwich in October, three months after she found Apple liable for conspiring with five publishers to raise e-book prices. Reuters

Home Video Shorts Live TV