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 ]
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Apple cost readers hundreds of million of dollars by conspiring with five major publishers to fix prices, government says. Apple says the antitrust case is bizarre. NEW YORK — Apple Inc. and five major publishers conspired to fix prices on ebooks, costing consumers hundreds of millions of... Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-06-04 00:00:00 UTC ]
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NEW YORK -- Apple and major publishers conspired in a scheme to fix prices on ebooks, costing consumers hundreds of millions of dollars, a U.S. Justice Department attorney argued during the first day of a marquee antitrust trial. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-06-04 00:00:00 UTC ]
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Technology giant Apple is to begin its defence against charges by the US government that it colluded to set the prices of ebooks. Continue reading at BBC World
[ BBC World | 2013-06-03 00:00:00 UTC ]
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The US has evidence that will show Apple participated in a conspiracy to raise the prices of ebooks, the judge overseeing the government's civil antitrust case against the company says. Continue reading at Stuff
[ Stuff | 2013-05-27 00:00:00 UTC ]
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At what was supposed to be a routine final conference last Thursday, May 23, before the June 3 start of the government’s trial of Apple over ebook price-fixing charges, the company and its lawyers were given a glimpse of the challenges they face in clearing Apple’s name. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-05-26 00:00:00 UTC ]
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The gist: "Apple knew that the plan it was proposing involved a ‘dramatic business change’ for publisher defendants." Continue reading at AllThingsD
[ AllThingsD | 2013-05-15 00:00:00 UTC ]
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In 2012, Brazil became the latest battleground for the big international ebooksellers. Ebook sales have since skyrocketed, with Apple in the early lead ahead of Amazon. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-04-25 00:00:00 UTC ]
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Apple CEO Tim Cook could be deposed in the US government's lawsuit against the company over alleged price-setting in the ebook market. Continue reading at Stuff
[ Stuff | 2013-03-11 00:00:00 UTC ]
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By minimizing the risk of buying a bad book, pay-as-you-read business models could translate into higher prices and higher quality content, but will it drive more sales? Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-02-19 00:00:00 UTC ]
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Porter Anderson's weekly curation of the best Web postings for authors takes in the UK's growing consternation over 20p ebooks, Amazon's untrustworthy reviews and more. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-01-29 00:00:00 UTC ]
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On August 22, 2012, 13 days before Quebecers went to the polls in one of the most hotly contested provincial elections of the past two decades, Quebec’s book industry launched its One Price for Books campaign (noslivresàjusteprix.com). Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-01-11 00:00:00 UTC ]
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News out of Japan suggests Apple will launch Japanese-language ebooks in January, with a selection of 80,000 titles from publishers including Kadokawa, Shogakukan, and Kodansha. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-01-03 00:00:00 UTC ]
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European Union regulators are to end a US antitrust probe into ebook prices by accepting an offer by Apple and four publishers to ease price restrictions on Amazon, two sources said on Tuesday. Continue reading at Stuff
[ Stuff | 2012-11-07 00:00:00 UTC ]
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Apple has announced sales of three million units internationally for its latest tablet devices,... Continue reading at The Bookseller
[ The Bookseller | 2012-11-06 00:00:00 UTC ]
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EU regulators will next month accept an offer by Apple and four publishers to end the antitrust... Continue reading at The Bookseller
[ The Bookseller | 2012-11-06 00:00:00 UTC ]
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According to Reuters, EU regulators look likely to accept an offer from Apple and a handful of publishers, including Simon & Schuster, HarperCollins, Hachette Livre and Macmillan. The assembled publishers propose that they will allow retailers (including Amazon) to sell ebooks cheaper than... Continue reading at Engadget
[ Engadget | 2012-11-06 00:00:00 UTC ]
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The deals between four publishers, Apple and the European Commission over its ebook price-... Continue reading at The Bookseller
[ The Bookseller | 2012-09-20 00:00:00 UTC ]
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The European Commission said it was prepared to drop its investigation after Apple and four publishers agreed to let retailers sell ebooks at a discount for two years. Continue reading at The New York Times
[ The New York Times | 2012-09-20 00:00:00 UTC ]
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Apple Inc., the world's biggest technology company, and four publishers offered to overhaul pricing models for digital books to allay European Union concerns that they blocked competition. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-09-19 00:00:00 UTC ]
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Apple and four major ebook publishers have offered retailers such as Amazon.com the option to set their own prices for ebooks for the next two years in a bid to end an antitrust investigation in the European Union. The European Commission launched the investigation into allegations of cartel... Continue reading at PC World
[ PC World | 2012-09-19 00:00:00 UTC ]
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