The Department of Justice has decided to file price fixing charges against Apple, Inc. The DOJ is alleging that Apple conspired with book publishers to fix the price of ebooks. In other words, Apple has been accused of illegally redistributing money from the 99 percent to the one percent via illegally higher prices, profits and higher dividends and share prices than would otherwise have been the case.
Posts Tagged ‘Justice Department’
Posted in corruption, Economics, income redistribution, the Rigged Game, wealth redistribution, tagged Apple Inc., ebooks, Justice Department on Jam4000000amWed, 11 Apr 2012 10:55:25 +000012 10, 2010 | Leave a Comment »
Wall Street’s biggest companies have developed into a cartel, one that controls the whole of the Republican Party and most of the Democratic Party.