Apple Says iBookstore ‘Fostered Competition’

April 12, 2012

Apple Inc. broke is silence about the U.S. Department of Justice’s allegations that it colluded with publishers over e-book pricing by calling the allegations “simply not true.” Apple spokeswoman Natalie Kerris said, “The launch of the iBookstore in 2010 fostered innovation and competition, breaking Amazon’s monopolistic grip on the publishing industry.”

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