An Apple store in San Francisco
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Apple on Monday lost its latest bid to put a court-appointed antitrust monitor on hold after a federal appeals court rejected its argument that his work was causing irreparable harm to the company.
In a brief order, the 2nd U.S. Circuit Court of Appeals in New York said that monitor Michael Bromwich may continue to examine Apple's antitrust compliance policies while the company pursues a broader appeal seeking to remove him altogether.
U.S. District Judge Denise Cote installed Bromwich in October, three months after she found Apple liable for conspiring with five publishers to raise e-book prices.
—By Reuters