Tom Neumayr

Here's the last word, for now, on the punishment Apple will receive after losing its e-book price-fixing trial: It's not as bad as Apple first feared, but Apple still isn't happy. You can see the order from U.S. District Court Denise Cote embedded at the bottom of this post. If you've been following this story - my colleague John Paczkowski has been providing excellent coverage - then you'll know what to expect: A set of remedies that limit Apple's ability to control pricing of its e-books in general,

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

Apple Inc. engaged in a horizontal price-fixing scheme with some of the U.S.’s largest publishers to violate antitrust laws by working “to strip retailers of pricing authority,” the U.S. Justice Department said in a court filing.

The department’s Antitrust Division filed papers for a trial set to begin June 3 in federal court in Manhattan that included excerpts of e-mails and depositions of Apple executives including the company’s late founder, Steve Jobs, and Senior Vice President Eddy Cue and publishing executives.