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 ]
News tagged with:
#$400 million
#law firm
#class-action lawsuit
NEW YORK (Reuters) - Apple Inc wants to go to trial to defend itself against U.S. government allegations that it conspired with publishers to raise prices of electronic books, a lawyer for the Silicon Valley giant said in court on Wednesday. Continue reading at Baltimore Sun
[ Baltimore Sun | 2012-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook price-fixing
#raise prices
#electronic books
The company says it allows publishers to set their own prices. Several antitrust lawsuits have accused former chief Steve Jobs of inflating prices of new releases and bestsellers.Apple Inc., responding for the first time to antitrust charges levied against it and five major book publishers this... Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-04-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#antitrust lawsuits
#electronic books
Apple shot back at critics and the Justice Department late Thursday, denying claims that it colluded with publishers to keep the price of ebooks artificially high. Even more interesting? The Cupertino, Calif. company took a veiled shot at Amazon, saying its actions were necessary to break up the... Continue reading at Betanews
[ Betanews | 2012-04-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#monopolistic grip
#key businesses
#tablet market
Not that we were expecting Apple and Macmillan to simply fess up and say, "you're right, totally tried to circumvent the free market," but both companies have come out swinging pretty hard against the allegations of price fixing. Apple has rejected the charges, calling them "simply not true." A... Continue reading at Engadget
[ Engadget | 2012-04-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#breaking amazon
#monopolistic grip
#publishing industry
#john sargent
#court --
#daunting task
Apple's Steve Jobs played a key role in a price-fixing plan with five ebook publishers, federal and state officials say in antitrust lawsuits.WASHINGTON — Former Apple Inc. Chief Executive Steve Jobs was a key player in a conspiracy with five major book publishers to drive up the price of... Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-04-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#price fixing
#key role
#ebook publishers
#state officials
#antitrust lawsuits
#key player
#digital books
Apple and publishers Penguin and Macmillan have decided to fight US government charges that they conspired to fix the prices of ebooks, even as three other publishers agreed to a settlement aimed at lowering prices for consumers. Continue reading at Stuff
[ Stuff | 2012-04-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sues apple
#lowering prices
#price fixing
#publishers agreed
Attorneys General in 16 states filed suit against Apple and three publishing companies Wednesday, following a similar suit filed this morning by the US Justice Department. Unlike the federal suit, the states action also looks for monetary compensation in addition to the end of the collusive... Continue reading at Betanews
[ Betanews | 2012-04-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#attorneys general
#justice department
#federal suit
#south dakota
#west virginia
#puerto rico
WASHINGTON -- Former Apple Inc. Chief Executive Steve Jobs and top executives at five major book publishers illegally conspired to raise the prices of ebooks, costing consumers tens of millions of dollars, federal and state officials alleged in antitrust suits filed Wednesday. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-04-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook price-fixing
#washington --
#top executives
In December 2010 I asked: "Is someone fixing ebook prices?" Google's digital bookstore opened for business, and I started comparing prices only to find them fairly consistent across all retailers. I expected to see huge variances, not pricing consistency, which shouldn't be in a competitive... Continue reading at Betanews
[ Betanews | 2012-04-11 00:00:00 UTC ]
More news stories like this |
The U.S. Justice Department has warned Apple Inc. and five top book publishers that lawsuits over alleged ebook price fixing might be in the offing, according to a report in the Wall Street Journal. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-03-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook publishers
#justice department
#warned apple
The U.S. filed an antitrust lawsuit against Apple Inc., Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster in New York district court, claiming collusion over eBook pricing. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-04-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook pricing
#antitrust lawsuit
#simon schuster
The hearing on the revived case comes some 10 months after magistrate judge Valerie Figueredo found insufficient evidence for the initial case to proceed. The suit accuses Amazon and the Big Five publishers of a conspiracy to fix e-book prices, a claim the publishers insist is "implausible" and... Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-08 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#e-book
In a lengthy opposition brief filed this week, lawyers for a potential consumer class portrayed their case as the second act of the Apple e-books case and insisted there is more than enough evidence for the case to proceed. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-02 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#e-book
In a filing this week, Amazon and the Big Five publishers said the plaintiffs' claims of an e-book price-fixing conspiracy are "implausible." Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-07 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishers seek
#e-book
In a brief order, judge Gregory Woods said the move, which is common in consumer class action cases, will bring "efficiency and economy" to what is "likely to be expensive and complicated litigation." Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-15 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#e-book price
On January 14, a prominent class-action law firm announced it was suing over alleged price-fixing in the e-book market—the second such suit in a decade. What should we make of the news? Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-22 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#alleged price-fixing
#e-book market—
#e-book
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 | News stories tagged with:
#publishers accused
#ebook price-fixing
#online giant
#simon schuster
#law firm
#district court
#retail giant
#retail platforms
#ebooks
#macmillan
Facebook is on the hook for $500 million in damages after losing an intellectual property lawsuit Wednesday to ZeniMax Media over its virtual reality headset, the Oculus Rift. ZeniMax, a video game publisher, sued the social network in 2014 in U.S. District Court in Dallas shortly after Facebook... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#zenimax media
#$500 million
#oculus rift
#district court
Arizonans who purchased ebooks from Apple Inc., will receive their cut from a price-fixing settlement over the price of ebooks, according to the Arizona Attorney General's Office. Arizonans will see a total of $8.6 million out of a $400 million settlement. Customers who bought ebooks from... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2016-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#receive $6
#purchased ebooks
#bought ebooks
#price-fixing settlement
#ibooks store
Thousands of Maryland consumers who bought electronic books at artificially inflated prices will get their share of $9 million in credits and checks from Apple this week, Maryland Attorney General Brian E. Frosh said Monday.The credits, first announced in March, are part of a $400 million... Continue reading at Baltimore Sun
[ Baltimore Sun | 2016-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#$9 million