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 Manhattan voted 2-1 on Tuesday not to overturn a July 2013 ruling that found Apple had fixed ebook prices in collusion with five major publishing houses.Read Full Story Continue reading at 'Fast Company'

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

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Amazon paying ebook settlement cash back to Kindle users

Remember that antitrust suit concerning publishers, ebooks and price rigging? The good news, at least if you bought one of the affected titles between April 2010 and May 2012, is that Amazon is sending some money your way. If the book you purchased... Continue reading at Engadget

[ Engadget | 2014-03-25 00:00:00 UTC ]
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Amazon sends money to Kindle readers affected by ebook price-fixing scandal

If you bought a lot of bestsellers, you could see a hefty credit on your Amazon account on Tuesday. Continue reading at PC World

[ PC World | 2014-03-25 00:00:00 UTC ]
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E-book Settlement Refunds Released to Consumers

Roughly $166 million in settlement funds collected as part of a deal to settle state and consumer charges of ebook price-fixing began flowing to consumers today. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-25 00:00:00 UTC ]
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Book Prices: Have Authors Lowballed Themselves?

This week Porter Anderson sets up an #EtherIssue discussion on the market implications of bargain-basement book prices and looks at Kobo's fight for Agency. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-18 00:00:00 UTC ]
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Plaintiffs: No 'Do-Overs' For Apple in E-book Case

Attorneys for the consumer class argue there is enough evidence to assess damages against Apple via a summary judgment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-09 00:00:00 UTC ]
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Podcast: Apple Looking To Buy Time In E-Book Case

In a federal courtroom in Manhattan, attorneys for Apple in its ebook price-fixing case are offering up lessons in creative legal maneuvering. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-28 00:00:00 UTC ]
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Apple Appeal: Judge Botched E-book Case

Apple’s appeal of its price-fixing case boils down to this: Judge Denise Cote blew it. "The evidence," Apple argues, "cannot support a finding of a conspiracy." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-27 00:00:00 UTC ]
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Apple Wants to Move E-book Damages Trial

Apple is looking to escape from New York. In a filing this week, Apple attorneys argue that Judge Denise Cote does not have jurisdiction to oversee its upcoming damages trial. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-24 00:00:00 UTC ]
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Judge Denies Apple’s Bid to Extend E-book Damages Inquiry

After a flurry of year-end filings, Judge Denise Cote late last week rejected Apple’s bid to extend its deposition of plaintiff expert witness Roger Noll, whose report had pegged Apple’s total ebook damages at just over $307 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-30 00:00:00 UTC ]
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Bob Kohn Appeals Penguin, Macmillan E-Book Settlements

The fight goes on: RoyaltyShare founder Bob Kohn has appealed final approval of the Macmillan and Penguin ebook settlements to the Second Circuit Court of Appeals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-23 00:00:00 UTC ]
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Pearson Foundation pays £4.7m in 'for-profit' settlement

The charitable arm of education publisher Pearson, the Pearson Foundation, will pay $7.7m (... Continue reading at The Bookseller

[ The Bookseller | 2013-12-13 00:00:00 UTC ]
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Fixed Pricing Law Project Gets the Green Light in Québec

Nearly 16 months after the Québec publishing industry began its quest for fixed pricing on new titles, they finally got what they wanted...sort of. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-04 00:00:00 UTC ]
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Sales Dip, Losses Rise at Books-A-Million

Sales for the third quarter ended November 2 at Books-A-Million fell 3.5%, to $100.4 million, and its net loss deepened to $7.1 million, from $2.8 million in the third period of 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-26 00:00:00 UTC ]
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Will states and consumers sue Apple over ebook prices?

This summer a judge ruled that Apple arranged a conspiracy with major publishers to raise ebook prices. Now Apple faces a class action lawsuit from plaintiff states and a consumer class. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-11-20 00:00:00 UTC ]
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Apple Gets Its E-Book Antitrust Monitor

A federal judge taps former federal prosecutor Michael Bromwich to keep an eye on Apple's antitrust compliance. Continue reading at AllThingsD

[ AllThingsD | 2013-10-17 00:00:00 UTC ]
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Frankfurt Book Fair 2013: Pricing is the New Piracy

At this year’s fair, piracy has been a noticeably absent topic, replaced by a new, more pressing concern for publishers in the digital age: pricing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-10-10 00:00:00 UTC ]
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Apple Files Expected Appeal of E-Book Injunction

"Apple also hereby appeals from any and all orders and rulings that were adverse to it." Continue reading at AllThingsD

[ AllThingsD | 2013-10-05 00:00:00 UTC ]
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Scribd Challenges Amazon and Apple With 'Netflix for Books'

Spotify did it for music. Netflix did it for movies. And now, Trip Adler and Scribd are doing it for books. The 29-year-old entrepreneur and his six-year-old San Francisco startup just unveiled an online subscription service that gives you unlimited access to a large library of digital books for... Continue reading at Wired

[ Wired | 2013-10-01 00:00:00 UTC ]
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What Exactly is a Book, Anyway? Harvard’s Leah Price Answers

“Book” has meant different things to different cultures, explains Harvard professor Leah Price in an interview with Ploughshares literary magazine. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-09-19 00:00:00 UTC ]
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ReaderLink Head Calls for Higher E-book Prices

Warehouse clubs, mass merchandisers, and other big-box retailers remain important to publishers because they not only sell books, they are places where books can be discovered. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-09-13 00:00:00 UTC ]
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