U.S. Court of Appeals says Apple did conspire to fix prices on eBooks

The U.S. Court of Appeals for the Second Circuit affirmed that Apple Inc. conspired with several publishers to set prices on eBooks. The court rejected Apple Inc.’s challenge to the ruling in State of Texas, et al. v. Penguin Group (USA) Inc., et. al. Instead, the appellate court affirmed the lower court’s finding that Cupertino, California-based Apple (NASDAQ:AAPL) conspired with several publishers to set prices on eBooks, an agreement that raised prices for consumers. Colorado was one of…