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 year, in which U.S. District Judge Denise Cote of the U.S. District Court for the Southern District of New York ruled that Apple and five major U.S. publishers had conspired to raise prices in the ebook market to counter Amazon.com.((Until the appeal is finally disposed, “a bona fide justiciable dispute remains as to the District Court’s findings and conclusions on liability and injunctive relief,” wrote Steve W. Berman, counsel for the plaintiffs, in a letter on Monday to the judge. Any payment to be made by Apple under the settlement agreement will also depend on the outcome of the appeal, he added.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'
[ PC World | 2014-06-17 00:00:00 UTC ]
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Apple is ready to take on Amazon.com in the digital book market again, years after regulators forced the iPhone maker to back down from an earlier effort to challenge the e-commerce giant's lead. Apple is working on a redesigned version of its iBooks ebook reading application for iPhones and... Continue reading at Baltimore Sun
[ Baltimore Sun | 2018-01-26 00:00:00 UTC ]
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Apple published its first paper on AI last month and now the company is set to join five others in a newly-formed research group. The Partnership on AI announced today that Apple would become its sixth founding member, adding to a lineup that already... Continue reading at Engadget
[ Engadget | 2017-01-27 00:00:00 UTC ]
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Following a court ruling that it was involved in ebook price-fixing with five publishers, Apple has started the process of paying back $400m in refunds. Despite agreeing to pay out the thick end of half a billion dollars, Apple denies doing anything wrong. Interestingly, the payouts will not... Continue reading at Betanews
[ Betanews | 2016-06-22 00:00:00 UTC ]
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You might have a few extra dollars to spend on Amazon this week, all courtesy of Apple. On Tuesday, Amazon started issuing refunds as part of Apple’s price-fixing settlement. If you purchased a qualifying ebook from Amazon, you will be automatically receiving credits in your account. All you... Continue reading at PC World
[ PC World | 2016-06-22 00:00:00 UTC ]
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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 ]
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Almost every antitrust case turns on the definition of the market at issue, whether by product or geographically: Is a monopoly threatened in the market for all passenger vehicles or only two-seater sports cars? Are we talking about detergent sales nationwide or only in Wyoming? The Department of... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-03-22 00:00:00 UTC ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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A group of antitrust scholars gathered online at the Truth on the Market blog for a symposium titled: The Apple E-Books Antitrust Case: Implications for Antitrust Law and for the Economy. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-16 00:00:00 UTC ]
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Nielsen sees 55 percent of those surveyed on global consumer confidence saying that in the fourth quarter of 2015, they believed the were in recession. The post Consumer Confidence: A Recessionary State of Mind appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-02-11 00:00:00 UTC ]
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In the rush to the digital future, publishers have taken their eyes off the “print-ball.” The post Assessing the State of the Consumer Magazine Print Business appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-10-27 00:00:00 UTC ]
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In a brief opinion and order issued yesterday, Judge Denise Cote declined to extend the monitor's term, and officially closed a contentious chapter in Apple’s ebook antitrust case. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-10-14 00:00:00 UTC ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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