Apple Taken Down in Supreme Court over eBooks

A defeat for Apple at the Supreme Court.

FOX’s Jon Decker has more from the White House:

The Supreme Court has declined to hear Apple’s challenge to an appellate court decision that it conspired with five publishers to increase the price of ebooks, as a means of competing with Amazon.

The Court gave no reason for denying Apple’s challenge to a June 2015 ruling by the 2nd U.S. Circuit Court of Appeals.

The decision means that Apple will now have to pay $450 million as part of a settlement associated with Apple’s liability for engaging in a conspiracy that violated federal antitrust laws.

At the White House, Jon Decker, FOX News.