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 decision filed today in federal court in Manhattan."The plaintiffs have shown that Apple conspired to raise the retail price of ebooks and that they are entitled to injunctive relief," Ms. Cote said in her opinion. The judge ordered a trial on potential damages.The U.S. sued Apple and five publishers in April 2012, claiming the maker of the iPad pushed publishers to sign agreements letting it sell digital copies of their books under what's known as the agency model. Under that model, publishers, and not retailers, set prices for each book, with Apple getting 30%.Apple, based in Cupertino, California, was the last defendant left in the case after the publishers avoided trial by settling.The settling publishers are Verlagsgruppe Georg von Holtzbrinck GmbH's Macmillan unit, CBS Corp.'s Simon & Schuster, Lagardere SCA's Hachette Book Group, Pearson Plc's Penguin unit and News Corp.'s HarperCollins. The No. 1 publisher, Random House Inc., wasn't involved in the U.S. suit. Continue reading at 'Crains New York'

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

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

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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

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Judge finds Apple went against anti-trust laws in ebook price-fixing case

US District Judge Denise Cote found that Apple was part of a conspiracy to increase ebook retail prices. An Apple spokesperson maintained that 'we've done nothing wrong.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-11 00:00:00 UTC ]
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Apple, publishers face U.S. antitrust lawsuit over ebook pricing

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Apple loses ebook price-fixing appeal on same day as Apple Music launches

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How to get your Amazon credit from Apple's ebook price-fixing settlement

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Supreme Court rejects Apple's appeal over ebook price fixing

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Apple loses ebook antitrust appeal

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

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

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