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Bibb Says Apple Will `Cave In' to Price-Fixing Lawsuit (Video)

Porter Bibb, managing partner at Mediatech Capital Partners LLC, talks about the U.S. government's claims that Apple Inc. (AAPL) and two publishers, Macmillan and Penguin, conspired to fix prices of digital books to undermine discounter Amazon.com Inc. (AMZN)’s dominance.

Bibb speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

Running Time: 07:26

April 12 (Bloomberg) -- Porter Bibb, managing partner at Mediatech Capital Partners LLC, talks about the U.S. government's claims that Apple Inc. and two publishers, Macmillan and Penguin, conspired to fix prices of digital books to undermine discounter Amazon.com Inc.’s dominance. Bibb speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

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