Supremes tell Apple to shut up and face the music

The highest court in the US has told the fruity cargo cult that Steve Jobs really was a monopolist who set up price cartel and it is going to have to deal with the consequences of his actions.

The Supreme Court officially declined to hear Apple challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, meaning it will have to pay $450 million as part of a settlement.

The Supreme’s decision not to hear the case leaves in place a June 2015 ruling by the New York-based 2nd U.S. Circuit Court of Appeals that found Apple liable for engaging in a conspiracy that violated federal antitrust laws. Apple trotted out its usual line saying that it didn’t do anything, and even it it did it should be allowed to do what it liked otherwise “chill innovation and risk-taking.”