Apple agrees to pay up to $400 million in ebooks price-fixing case

Apple has reached a settlement in a long-standing case that accused the company of fixing the price on ebooks, with the company paying up to $400 million, depending on the outcome of its appeal in the case, a law firm has announced. Apple would pay the $400 million in the class-action lawsuit if its appeal of a 2013 court ruling that found the company guilty of antitrust violations is dismissed, said class-action law firm Hagens Berman Sobol Shapiro, which is representing ebook customers in 19 states and four U.S. territories. If the U.S. Court of Appeals for the Second Circuit reverses and remands the case back to district court, the settlement agreement calls for Apple to pay consumers $50 million to settle their claims, the law firm said. The U.S. Department of Justice and several state attorneys general would be free to continue pressing their claims if that happens, the law firm said Wednesday.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'

[ PC World | 2014-07-16 00:00:00 UTC ]

Other news stories related to: "Apple agrees to pay up to $400 million in ebooks price-fixing case"


Rockefeller Center nears $3.5B refinancing at a steep price

Rockefeller Center is close to refinancing its mortgage in a massive $3.5 billion transaction.The deal is expected to close Friday and would be a triumph for the owners of the 7 million square-foot office and retail complex, Tishman Speyer and Henry Crown & Co. It comes at a moment when... Continue reading at Crains New York

[ Crains New York | 2024-10-16 16:04:15 UTC ]
More news stories like this


Council seeks to add billions to mayor's budget thanks to rosier forecast

The City Council said it has found an additional $6 billion in newly identified city dollars to undo many of Mayor Eric Adams’ spending cuts and make new investments in affordable housing construction and education.Lawmakers on Monday released their official response to the mayor’s $109 billion... Continue reading at Crains New York

[ Crains New York | 2024-04-01 17:27:55 UTC ]
More news stories like this


US Copyright Office opens public comments on AI and content ownership

The US Copyright Office (USCO) wants your thoughts on generative AI and who can theoretically be declared to own its outputs. The technology has increasingly commanded the legal system’s attention, and as such office began seeking public comments on Wednesday about some of AI’s thorniest issues... Continue reading at Engadget

[ Engadget | 2023-08-31 17:02:25 UTC ]
More news stories like this


Amazon.com and 'Big Five' publishers accused of ebook price-fixing

Class action lawsuit filed in US claims the houses have colluded with the online giant to keep prices artificially highAmazon.com and the “Big Five” publishers – Penguin Random House, Hachette, HarperCollins, Macmillan and Simon & Schuster – have been accused of colluding to fix ebook... Continue reading at The Guardian

[ The Guardian | 2021-01-15 13:04:33 UTC ]
More news stories like this


Amazon Hit with E-book Price Fixing Suit

The law firm that successfully sued Apple and five major publishers for colluding to fix e-book prices in 2011 has filed a class action against Amazon, accusing the company of colluding with the Big Five publishers to eliminate price competition from the e-book market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-14 05:00:00 UTC ]
More news stories like this


Stephen Barnes, Partner in Law Firm With Cellino, Dies at 61

A jingle helped them transform a two-partner practice in Buffalo into a 50-lawyer personal injury behemoth in New York State and California. Mr. Barnes died in a plane crash. Continue reading at The New York Times

[ The New York Times | 2020-10-08 17:06:03 UTC ]
More news stories like this


EIC’s at Bon Appétit and Refinery29 Resign Amid Criticism

[caption id="attachment_181520" align="alignright" width="171"] Adam Rapoport[/caption] Adam Rapoport, editor-in-chief at Bon Appétit since 2010, is stepping down from that role after a photo of him in an offensive Halloween costume resurfaced online Monday amid allegations from current and... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-09 15:00:08 UTC ]
More news stories like this


Refinery29 EIC Steps Down After Former Staffers Allege “Toxic” Culture

[caption id="attachment_103803" align="alignright" width="164"] Christene Barberich[/caption] Refinery29 co-founder Christene Barberich is stepping down from her role as global editor-in-chief of the 15 year-old women's lifestyle site to make way for a replacement, she revealed on Instagram... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-08 17:01:08 UTC ]
More news stories like this


E-book lover? Check your Amazon account - you might have money from a class-action suit

Ticketmaster isn't the only site giving you freebies this week. Thanks to a class-action lawsuit, Apple is paying for Amazon account credit for people who bought certain ebooks between April 2010 and May 2012. You can check here to see if you've got any settlement money in your account. Amazon... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-06-22 00:00:00 UTC ]
More news stories like this


Apple E-book Refunds to Begin June 21

The $400 million in refunds due following Apple ebook price-fixing settlement will begin flowing into customer accounts on June 21—with refunds for New York Times bestsellers approaching $7 per purchase. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-20 00:00:00 UTC ]
More news stories like this


What the Conclusion of the Apple Pricing-Fixing Case Means for Publishers and Consumers

After four years of litigation, the Apple price-fixing case is over. But when can consumers expect to see the $400 million in refunds coming their way? Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-11 00:00:00 UTC ]
More news stories like this


Apollo in the Lead to Buy Digital First Media — Sources

n">Reuters) - Buyout firm Apollo Global Management LLC is in advanced talks to acquire most of the assets of Digital First Media, publisher of the Denver Post and San Jose Mercury News, for around $400 million, according to people familiar ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-03-17 00:00:00 UTC ]
More news stories like this


U.S. Court Approves Condé Nast $5.85 Mln Intern Pay Settlement

Condé Nast on Monday won a federal judge's preliminary approval to pay $5.85 million to settle a class-action lawsuit by thousands of former interns who claimed the magazine publisher underpaid them. Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-12-30 00:00:00 UTC ]
More news stories like this


Apple agrees to pay up to $400 million in ebooks price-fixing case

Apple has reached a settlement in a long-standing case that accused the company of fixing the price on ebooks, with the company paying up to $400 million, depending on the outcome of its appeal in the case, a law firm has announced. Apple would pay the $400 million in the class-action lawsuit if... Continue reading at PC World

[ PC World | 2014-07-16 00:00:00 UTC ]
More news stories like this


Facebook buys video ad platform LiveRail

Facebook Inc. bought video advertising company LiveRail to help it target and distribute video ads, AdWeek reported. TechCrunch pegged the price tag between $400 million and $500 million, although the companies haven’t disclosed the terms. LiveRail, based in San Francisco, has created a... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2014-07-03 00:00:00 UTC ]
More news stories like this


LinkedIn to face lawsuit over repeated invitation emails

LinkedIn Corp. will face a lawsuit from members suing it for allegedly violating their privacy by tapping into their external email accounts and downloading their contacts' addresses to recruit more users. U.S. District Judge Lucy Koh ruled that the class-action lawsuit may proceed, which means... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2014-06-14 00:00:00 UTC ]
More news stories like this


Possible postage hike looms for papers, mags

The financial woes of the U.S. Postal Service could soon rub off on the magazine, newspaper and direct mail industries, depending on the outcome of a meeting of the USPS board of governors in Washington on Thursday. Though the announced topics include "financial matters" and "pricing,"... Continue reading at Crains New York

[ Crains New York | 2013-09-05 00:00:00 UTC ]
More news stories like this


US court throws out class-action status in Google books case, for now

A U.S. court has decided that the class-action designation of the copyright lawsuit brought against Google by the Authors Guild over the company's book-scanning project was "premature," and has returned the suit to a lower court for consideration of fair use issues.The Authors Guild filed its... Continue reading at PC World

[ PC World | 2013-07-02 00:00:00 UTC ]
More news stories like this


US court backs Google book plans

A US federal appeals court has questioned the reasoning behind a class-action lawsuit against Google over its effort to digitise millions of books, suggesting that many authors could benefit from the project. Continue reading at Stuff

[ Stuff | 2013-05-09 00:00:00 UTC ]
More news stories like this