Apple’s $450M ebooks settlement deal questioned by judge

The judge presiding over the antitrust case involving Apple Inc.’s $450 million offer to settle an ebook price-fixing lawsuit is said some provisions of the deal could reduce consumers' recovery, Reuters reported. U.S. District Judge Denise Cote said Thursday during a teleconference that she is most troubled by a clause requiring Apple to pay a much smaller $70 million sum if an appeals court reverses her finding that the company is accountable for antitrust infringements, according to the article. The… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2014-07-26 00:00:00 UTC ]
News tagged with: #reuters reported

Other Publishing stories related to: 'Apple’s $450M ebooks settlement deal questioned by judge'

Waterstones cuts ebook deal with Kobo

Waterstones is to stop selling ebooks from its website and instead divert customers to Kobo’s reading platform for digital sales. Continue reading at The Bookseller

[ The Bookseller | 2016-05-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #divert customers #reading platform #digital sales

Goodreads US launches ebook deals

Goodreads is introducing Goodreads Deals to the US market, a digital marketing tool that will alert site members when an ebook on their 'want to read' list is available at a discount. Continue reading at The Bookseller

[ The Bookseller | 2016-05-19 00:00:00 UTC ]
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How Apple boosted ebook prices and accidentally tanked sales

Apple suffered a final defeat in its legal fight with the US Justice Department over ebooks this week, when the Supreme Court refused to hear the company's appeal. Continue reading at Stuff

[ Stuff | 2016-03-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #legal fight #justice department

Apple ebook price fixing case won't reach the Supreme Court

Apple's last shot at avoiding a $450 million ebook price fixing settlement just went out the window. The US Supreme Court has declined to hear Apple's challenge of an appeals court decision that left the company on the hook for allegedly conspiring... Continue reading at Engadget

[ Engadget | 2016-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hear apple #supreme court

Supreme Court rejects Apple's appeal over ebook price fixing

The Supreme Court rejected an appeal from Apple Inc. on Monday, leaving in place a ruling that Apple conspired with publishers to raise electronic book prices when the company sought to challenge Amazon.com's dominance of the market. The justices' order lets stand an appeals court ruling that... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple conspired #challenge amazon

Supreme Court denies Apple appeal in ebooks price fixing case

Apple will pay $450 million as a settlement for ebook price fixing after the U.S. Supreme Court declined to hear the company's appeal of a lower court's antitrust ruling.The Supreme Court's decision Monday ends Apple's appeal of the antitrust case against the company and five book publishers and... Continue reading at PC World

[ PC World | 2016-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #antitrust case #lower court #supreme court #book publishers

Ahead of High Court Decision, Apple Settlement Is Affirmed

An appeals court this week has affirmed the company’s 2014 settlement with 33 states and a consumer class. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple settlement #appeals court #consumer class

Judge Tosses Retailers’ Suit Against Apple, Publishers

In a December ruling, Judge Denise tossed a case filed by three defunct ebook retailers that claimed that the 2010 conspiracy among Apple and five publishers to fix ebook prices forced them out of business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #case filed

Apple's no longer court monitored in ebook antitrust case

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 ]
More news stories like this | News stories tagged with: #court-appointed monitor #justice department #iphone maker #ebook business #technology giant

Apple's ebook business is no longer under scrutiny

Three years ago, the Department of Justice brought Apple, and major publishers, to book for trying to maintain the prices at which ebooks could be sold. As part of its punishment, the firm had to suffer the presence of a court-approved monitor, Mi... Continue reading at Engadget

[ Engadget | 2015-10-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook business #major publishers

Apple is taking its ebook price-fixing fight to the Supreme Court

Apple's long-running court battle over manipulating the pricing of ebooks is getting even more dramatic. Next stop, the Supreme Court, Fortune reports. Back in June, Apple failed to get a Manhattan appeals court to overturn a 2014 ruling that woul... Continue reading at Engadget

[ Engadget | 2015-09-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #supreme court

Apple loses ebook price fixing appeal

Apple did conspire with publishers in the US to fix the prices of ebooks, an appeal court has found. The technology company had appealed against an earlier decision by Judge Denise Cote, who said that Apple and publishers were guilty of conspiring to raise the prices of ebooks. Apple appealed... Continue reading at The Bookseller

[ The Bookseller | 2015-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #technology company #circuit court

Apple loses ebook antitrust appeal

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 ]
More news stories like this | News stories tagged with: #lower court #ebook publishers #book publishers #company liable #three-judge panel #injunction imposed #long-running case #company set

Apple loses appeal on ebook antitrust suit

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 ]
More news stories like this | News stories tagged with: #justice department #accused apple

Court rules Apple violated antitrust laws by conspiring to raise ebook prices

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 loses appeal on ebook price-fixing case, will pay $450 million

An appeals court upheld a lower-court ruling that Apple violated antitrust laws to upset Amazon's control of the ebook market. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook market

Apple To Pay $450 Million In Settlement For Price Fixing E-Books

A federal appeals court stood by a 2013 decision that found the tech giant guilty of fixing ebook prices with publishers.Apple's last-ditch attempt to avoid paying $450 million to ebook buyers was just quashed, according to the Wall Street Journal. The Second U.S. Circuit Court of Appeals in... Continue reading at Fast Company

[ Fast Company | 2015-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #last-ditch attempt #ebook buyers #circuit court

Apple DID conspire to inflate ebook prices, must pay $450 million

On the same day that Apple Music launched, Apple received some bad news from the 2nd U.S. Circuit Court of Appeals. In a 2 to 1 vote, judges ruled that the company did conspire with publishers to inflate the prices of ebooks sold through iBookstore, agreeing with a 2013 ruling. The judges found... Continue reading at Betanews

[ Betanews | 2015-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad news #circuit court #ebooks sold

Apple to pay $450 million in ebook price-fixing suit

Apple conspired with publishers to artificially raise the price of ebooks, the Second US Circuit Court of Appeals in Manhattan ruled today, upholding a verdict from 2013. Now that the company has lost its appeal, Apple is expected to pay $450 millio... Continue reading at Engadget

[ Engadget | 2015-06-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple conspired #circuit court