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Apple gets temporary reprieve from e-books monitor

21
Jan
2014

A federal appeals court on Tuesday gave Apple Inc a temporary reprieve from being subjected to an external monitor appointed to ensure it complied with antitrust laws, after the company was found liable last year for conspiring with five publishers to fix the prices of e-books. The 2nd U.S. Circuit Court of Appeals in New York granted Apple an administrative stay of the court order appointing the monitor, Michael Bromwich, while the company seeks permission for a longer stay during its appeal. In a brief order, the 2nd Circuit said a three-judge panel would hear Apples motion for a stay pending appeal as soon as possible. Apple has complained that Bromwich has been too intrusive, including by seeking interviews with top executives and board members, and has been charging an inflated $1,100 per hour for his services to rack up high fees.

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