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

Other Publishing stories related to: 'Apple To Pay $450 Million In Settlement For Price Fixing E-Books'

Damages in Apple E-Book Case to Be Decided in May

U.S. District Judge Denise Cote, the jurist who ruled last month that Apple illegally conspired with five major publishers to raise prices of ebooks, has set a date for the trial that will determine the damages Apple owes. In an order issued this week, Cote said that barring some earlier... Continue reading at AllThingsD

[ AllThingsD | 2013-08-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major publishers #raise prices #dollars --

E-book trial: judge has suggestions for enforcing the guilty verdict against Apple

A DOJ lawyer shot down the objections of publishers over suggested measures for Apple, while the judge involved in the ebook price fixing case offered a modified version of the DOJ proposal. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-08-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book trial #guilty verdict

Publishers Object to E-Book Plan for Apple

Five major U.S. publishers objected to the Justice Department's proposal to limit Apple's influence in the electronic books market, saying it would effectively alter their existing settlements with the U.S. government. Continue reading at AllThingsD

[ AllThingsD | 2013-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers object #publishers objected #justice department

A win for readers? DOJ's proposed measures for Apple would make price-shopping easier

One part of a proposal to enforce the verdict against Apple for allegedly fixing ebook prices would require Amazon and Barnes & Noble 'buy' buttons in the Apple store, allowing consumers to easily compare ebook costs. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-08-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple store #proposed measures #barnes noble

Apple Slams Feds' Proposed E-Book Remedies as a "Draconian and Punitive Intrusion"

Apple says the DOJ's proposed remedies in its ebook price-fixing case are unwarranted, overreaching and at times unconstitutional. Continue reading at AllThingsD

[ AllThingsD | 2013-08-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #punitive intrusion #proposed remedies

DOJ Calls for Apple to End Book Deals, Link to Rival Bookstores

The Department of Justice and 33 state attorneys general on Friday called for an array of sanctions that they claim will "reset competition to the conditions that existed before the conspiracy." Continue reading at AllThingsD

[ AllThingsD | 2013-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #doj calls

Polish Publishers Face Sales Slump, Propose Fixed-Pricing, Fight Piracy

Challenged by shrinking sales and online piracy, Poland’s publishing industry aims to mitigate losses with more stringent price regulation, reports Jaroslaw Adamowski. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fight piracy #shrinking sales #online piracy

Apple led conspiracy to raise prices of ebooks, federal judge rules

NEW YORK -- Apple Inc. conspired to raise the prices of ebooks, a judge ruled Wednesday morning, after a trial in which the Department of Justice accused the technology giant of aggressively pressuring publishers to raise prices and weaken Amazon.com.     Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #raise prices #technology giant

Apple E-Books Ruling Won't Do Much for Consumers

"I wouldn't expect to see a dramatic effect on consumer prices as a result of this ruling." Continue reading at AllThingsD

[ AllThingsD | 2013-07-10 00:00:00 UTC ]
More news stories like this |

Apple conspired to set ebook prices, judge finds

A federal judge ruled Wednesday that Apple conspired with publishers to set the prices of ebooks and "played a central role in facilitating and executing that conspiracy."A federal judge ruled Wednesday that Apple conspired with publishers to set the prices of ebooks. Apple, the judge found,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple conspired #central role #judge found #pay damages

Apple violated antitrust law in ebook pricing

Apple Inc., the world's biggest technology company, violated antitrust law by engaging in a scheme to fix the prices of electronic books, a federal judge ruled in a suit brought by the U.S. government.U.S. District Judge Denise Cote, who tried the case without a jury, ruled against Apple in a... Continue reading at Crains New York

[ Crains New York | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #potential damages #cbs corp #simon schuster #lagardere sca #pearson plc #random house

Judge Finds Apple Guilty of E-Book Conspiracy

A federal judge ruled today that Apple Inc. conspired to raise prices on ebooks, ordering a trial to decide what damages that the tech giant should pay.In a 159-page decision, U.S. District Court Judge Denise Cote ruled that Apple conspired with a group of five publishers, starting in 2009, to... Continue reading at ABC News

[ ABC News | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple conspired #raise prices #tech giant #alleged collusion

Why Is Apple Still Wrangling Over E-Books?

A question hangs over Apple Inc.'s ebooks trial: Why is Apple fighting the U.S. Department of Justice when the book publishers the agency also sued chose to settle? Continue reading at AllThingsD

[ AllThingsD | 2013-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #apple fighting #book publishers

How Apple shook up the electronic book market

Apple didn't try to fix or raise the prices of electronic books when it entered into the market in 2010, according to Apple Senior Vice President Eddy Cue. Rather, he says, the company was only working to ensure a profit for itself."We're not willing to lose money in any business," Cue told the... Continue reading at PC World

[ PC World | 2013-06-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #district court #apple didn #electronic books #lose money #penguin group

Apple’s Cue Felt Pressure to Finish E-Book Deals for Jobs

Apple Inc. (AAPL) executive Eddy Cue told a judge he felt extra pressure to reach deals with ebook publishers in time for the introduction of the iPad in 2010 because of company cofounder Steve Jobs’s precarious health. “Steve ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook publishers

Is Steve Jobs Message a Smoking Gun in Apple E-Book Case?

Apple may not have been quite as indifferent to publishers' deals with Amazon as it professes to be. Continue reading at AllThingsD

[ AllThingsD | 2013-06-13 00:00:00 UTC ]
More news stories like this |

Apple's E-Book Market Share Is Bigger Than You Think

The head of Apple's iBookstore says Apple has captured 20 percent of the U.S. ebook market. Continue reading at AllThingsD

[ AllThingsD | 2013-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook market

Amazon's E-Book Deals Were Just as Tough as Apple's

It turns out that Apple isn't the only major ebook retailer that demands "most favored nation" agreements from publishers. Continue reading at AllThingsD

[ AllThingsD | 2013-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #favored nation

Apple Says Differences in Publisher Deals Belie E-Book Conspiracy Charges

Straightforward, above-board dealings or clever obfuscation? Another one for the judge to decide. Continue reading at AllThingsD

[ AllThingsD | 2013-06-06 00:00:00 UTC ]
More news stories like this |

Apple ebook deal 'cost millions'

A deal between Apple and publishers to set the price of ebooks cost customers "hundreds of millions of dollars", a government lawyer claims. Continue reading at BBC World

[ BBC World | 2013-06-04 00:00:00 UTC ]
More news stories like this |