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Fact 14.4.1
Apple conspired with five publishers to undercut Amazon's 90 percent share of the e-book market,which caused e-book prices to rise to $12.99 or $14.99 from the $9.99 that Amazon charged.
-Refer to Fact 14.4.1.This conspiracy to raise prices violates the anti-combine law because
A)Apple is merging with the five publishers.
B)Apple is telling the publishers the price at which they must sell e-books.
C)Apple is refusing to deal with Amazon.
D)it substantially lessens competition in the e-book market.
E)it is creating a monopoly.

Question

Quizplus · Accepted Answer

The conspiracy to raise prices violates the anti-combine law because it substantially lessens competition in the e-book market, which is against the principles of fair trade and harms consumers. It is not related to Apple merging with the publishers, telling them the price to sell e-books, refusing to deal with Amazon, or creating a monopoly.

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