Apple Faces Possible May 2014 Trial on E-book Damages

The federal judge who ruled that Apple Inc violated antitrust law by conspiring with five major publishers to raise prices of e-books has scheduled a May 2014 trial to determine damages, according to an order made public on Wednesday. Absent an earlier resolution, U.S. District Judge Denise Cote in Manhattan would be expected at the trial to consider whether Apple should pay damages that could reach hundreds of millions of dollars. Last month, Cote sided with the federal government and 33 U.S. states and territories in concluding that Apple conspired with the publishers to