A US District judge recently ruled that Apple conspired to raise e-book retail prices in an effort to keep rivals from using e-book prices as a loss leader. Apple is currently planning on appealing the ruling, but it will be months before it comes before the Circuit Court of Appeals, if the appeal gets approved at all.
It was a complex suit that thanks to the appeals process is still ongoing, but what exactly was it all about? Adam C. Engst at TidBITS.com has written a comprehensive examination of Judge Denise Cote's 160 page opinion explaining why Apple lost the suit.
At the heart of the suit is Amazon's loss-leader pricing on ebooks, regularly selling titles for $9.99 regardless of if that was less than they