Judge Denise Cote, who is overseeing the U.S. Department of Justice’s antitrust lawsuit against Apple (
in the District Court for the Southern District of New York, has ordered a telephone conference call scheduled for March 13 to take a deposition from Tim Cook, Apple’s CEO. According to Bloomberg, the U.S. Department of Justice requested Judge Cote’s “assistance in settling a discovery dispute” with Apple regarding Tim Cook’s deposition in a letter on March 6.
The lawsuit, which contends that Apple violated U.S. antitrust laws when it conspired with publishers to price-fix e-books, was originally filed by the DoJ on April 11, 2012. In the lawsuit, the DoJ alleges that the conspiracy started as a way to challenge Amazon’s (NASDAQ:AMZN) dominance of the e-book market through its popular Kindle device and its strategy of selling newly released e-books for $9.99.
The DoJ’s complaint states that, “Publishers saw the rise in e-books, and particularly Amazon’s price discounting, as a substantial challenge to their traditional business model.”
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More
There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more
At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more