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 price-fixing by Harper Collins, Hachette Livre, Simon & Schuster, Penguin, Macmillan and Apple last December. The publishers are accused of colluding with Apple to fix the price of ebooks, forcing up prices for consumers and attempting to squeeze rivals such as Amazon out of the market. The case hinges on so-called “agency pricing”, which allows more control by publishers over retail prices, in particular an unusual “most favored nation” (MFN) clause. Apple, Harper Collins, Hachette Livre, Simon & Schuster and Macmillan have all offered to terminate existing agency agreements and refrain from adopting price MFN clauses for five years. Penguin has not offered any commitments and an investigation into its conduct is ongoing. In addition, retailers would be free to set the retail price of ebooks, offering whatever discounts or promotions they wish, for a two-year period, so long as the total value of discounts does not exceed the total annual amount of commission that the retailer receives from the publisher, reported the E.U.’s Official Journal on Wednesday. This could mean lower prices for consumers thanks to increased competition. However the Commission is asking... Continue reading at 'PC World'
[ PC World | 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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Apple has reached an out-of-court settlement in the ebooks price-fixing lawsuit with U.S. states and a consumer group ahead of a trial for damages scheduled for July 14, according to records in a New York federal court.The iPhone maker will, however, continue its appeal of a verdict in July last... Continue reading at PC World
[ PC World | 2014-06-17 00:00:00 UTC ]
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The European Union has accepted an offer from Apple and four major publishers to reduce pricing restrictions on content offered at Amazon and other book-sellers. After being caught out by the EU, we heard that the offer was likely to be adopted last month, and the commission has now confirmed... Continue reading at Engadget
[ Engadget | 2012-12-13 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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Apple and four major publishers have offered to let retailers such as Amazon sell ebooks at a discount to settle an EU antitrust investigation into their pricing deals and avoid possible fines. Continue reading at Stuff
[ Stuff | 2012-09-20 00:00:00 UTC ]
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WASHINGTON -- The Justice Department on Wednesday sued Apple Inc. and five major book publishers for allegedly colluding to fix ebook prices. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-04-11 00:00:00 UTC ]
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WASHINGTON -- Antitrust officials are expected to announce Wednesday that they are filing suit against Apple Inc. and five major book publishers for allegedly colluding to fix the price of ebooks. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-04-11 00:00:00 UTC ]
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European Union antitrust chief Joaquin Almunia says that the Competition Commission is open to a settlement with publishers in the increasingly high-profile ebook price fixing case, but only if the companies address key regulatory issues. Almunia says regulators are coordinating with the Justice... Continue reading at Betanews
[ Betanews | 2012-03-12 00:00:00 UTC ]
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Last week, a trade group representing major publishers including The New York Times, National Public Radio, News Corp. and Associated Press wrote to leaders of the Senate Judiciary Committee advocating for two bills that would curtail the dominance of tech giants in the U.S. The Open App Markets... Continue reading at AdWeek
[ AdWeek | 2022-02-22 22:10:40 UTC ]
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Publishers are urging the UK government to support measures that would allow VAT to be removed on ebooks, audiobooks and online newspaper and magazine subscriptions in the UK. Continue reading at The Bookseller
[ The Bookseller | 2018-05-26 00:00:00 UTC ]
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Apple’s ebook division will no longer be overseen by a court-appointed monitor after the US Justice Department ruled that the company had made improvements to its antitrust compliance program. Despite the positive outcome for Apple, the Justice Department was critical of the company’s... Continue reading at Betanews
[ Betanews | 2015-10-14 00:00:00 UTC ]
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An appeals court ruled against Apple’s challenge of a lower court’s decision which found the company liable for illegally conspiring with ebook publishers to jack up prices. A three-judge panel from the U.S. Court of Appeals for the Second Circuit voted 2 to 1 against Apple. Writing for the... Continue reading at PC World
[ PC World | 2015-07-01 00:00:00 UTC ]
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A federal appeals court Tuesday let stand a 2013 lower court ruling that concluded Apple conspired with several top book publishers to raise ebook prices. The Justice Department had accused Apple of unfairly taking control of a nascent market that had been dominated by Amazon.com. Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-07-01 00:00:00 UTC ]
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Apple violated antitrust laws by colluding with publishers to raise electronic book prices when it entered a market in 2010 that had been dominated by Amazon.com, a divided federal appeals court... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2015-07-01 00:00:00 UTC ]
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Apple has resisted settling with the government over charges that it conspired with publishers to fix ebook prices. While its alleged co-conspirators have already opted to pay up and move on, Cupertino has been steadfast in maintaining its... Continue reading at Engadget
[ Engadget | 2014-07-16 00:00:00 UTC ]
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The settlement brings an end to one of the biggest and longest-lasting legal cases of the ebook era. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-06-18 00:00:00 UTC ]
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The tech giant has agreed to settle a US legal action in which it was being sued over conspiring with publishers to fix ebook prices. Continue reading at BBC World
[ BBC World | 2014-06-17 00:00:00 UTC ]
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Two new suits were filed this month against Apple and the five major publishers involved in a 2010 ebook price-fixing conspiracy, raising the possibility of a new ebook antitrust battle involving aggrieved retailers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-26 00:00:00 UTC ]
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A federal judge has appointed a former U.S. prosecutor as the monitor who ensures that Apple Inc. complies with a ruling from the ebook antitrust case the company lost this year. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-10-17 00:00:00 UTC ]
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Apple must pay for an independent antitrust monitor as part of a permanent injunction handed down on Friday by a federal court in New York. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-09-06 00:00:00 UTC ]
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