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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E-book settlement has publishing world in turmoil

The price-fixing case turns out well for Amazon but unsettles many others in the industry.Publishing insiders worry that a decisive court ruling benefiting retailer Amazon.com Inc. will undermine an industry already struggling with the transition to ebooks. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-09-08 00:00:00 UTC ]
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US publishers face $69m payout for price-fixing

Hachette US, HarperCollins US and Simon & Schuster US have agreed to pay out a total of more... Continue reading at The Bookseller

[ The Bookseller | 2012-08-30 00:00:00 UTC ]
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Apple Wants DOJ to Wait Till End of Trial for Settlement With Three Publishers

Apple has opposed a government proposed judgment in an ebooks price-fixing lawsuit, stating that the judgement seeks to terminate and rewrite its contracts... Continue reading at PC World

[ PC World | 2012-08-16 00:00:00 UTC ]
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Feds to E-Book Settlement Critics: Haters Gonna Hate

The Department of Justice defends its deal with three big publishers it accused of price-fixing. And it previews its coming court fight with Apple. Continue reading at AllThingsD

[ AllThingsD | 2012-07-23 00:00:00 UTC ]
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Senator Schumer calls on DOJ to drop ebook price-fixing suit

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[ Engadget | 2012-07-19 00:00:00 UTC ]
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Erotic book passes million mark

Erotic book Fifty Shades of Grey has become the fastest adult paperback novel to sell one million print copies, smashing previous records. Continue reading at BBC News

[ BBC News | 2012-06-28 00:00:00 UTC ]
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Media Decoder Blog: Barnes & Noble Argues Book Settlement 'Punishes Consumers'

The bookseller also said that Justice officials did not take the company's objections seriously before the settlement, that they were only "checking the box." Continue reading at The New York Times

[ The New York Times | 2012-06-07 00:00:00 UTC ]
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Media Decoder Blog: Attacking Amazon, Authors Group Urges Opposition to E-Book Settlement

The Authors Guild is encouraging its 8,500 members to submit comments against the proposed settlement between the Department of Justice and three large publishers. The settlement, the guild argues, will only benefit Amazon. Continue reading at The New York Times

[ The New York Times | 2012-06-05 00:00:00 UTC ]
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Apple Claims US Government Sides With Monopoly in E-book Case

The U.S. government has sided with monopoly rather than competition in bringing a case of ebook price-fixing against Apple, the company said in a filing on... Continue reading at PC World

[ PC World | 2012-05-24 00:00:00 UTC ]
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Judge Allows Class-Action Lawsuit on E-Book Pricing to Go Ahead

A federal judge on Tuesday denied Apple and several major book publishers’ motions to dismiss a class-action lawsuit that accuses the companies of conspiring to control the price of ebooks. In denying the request, Judge Denise Cote of the ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-05-16 00:00:00 UTC ]
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Apple E-Book Lawsuit: Steve Jobs Swayed Publisher, Complaint Alleges

The complaint says that Jobs was enlisted to sell high-ranking officials in the publisher’s parent company on the wisdom of the proposed pricing scheme. Continue reading at PC World

[ PC World | 2012-05-15 00:00:00 UTC ]
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The Coming Book Wars: Apple vs. Amazon vs. Google vs. the U.S.

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[ The Atlantic | 2012-04-17 00:00:00 UTC ]
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Why Apple's eBook Pricing Defense Is Wrong

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[ PC World | 2012-04-16 00:00:00 UTC ]
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Amazon’s E-Book Pricing a Constant Thorn for Publishers

In February, the Educational Development Corporation said it would remove all its titles from Amazon, more evidence of the tumult over who gets to decide how much a book costs. Continue reading at The New York Times

[ The New York Times | 2012-04-16 00:00:00 UTC ]
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Apple denies it conspired to raise ebook prices

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[ Crains New York | 2012-04-14 00:00:00 UTC ]
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Amazon Might Slash e-Book Prices to $9.99

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[ ABC News | 2012-04-12 00:00:00 UTC ]
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Apple, publishers face U.S. antitrust lawsuit over ebook pricing

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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Reports: Apple Could Face Federal E-Book Suit Today

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[ AllThingsD | 2012-04-11 00:00:00 UTC ]
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Apple, two publishers resist ebook settlement

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[ Betanews | 2012-04-05 00:00:00 UTC ]
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E-book price probe 'approaching resolution'

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[ The Bookseller | 2012-04-05 00:00:00 UTC ]
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