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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Apple Releases Newsstand with iOS 5

At an Apple conference held in San Francisco on June 6, Apple introduced iOS 5, the latest version of its mobile operating system, which now includes the Newsstand, a virtual set of shelves that display users’ subscriptions with the latest issues of magazine titles. Continue reading at Folio Magazine

[ Folio Magazine | 2011-06-07 00:00:00 UTC ]
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Canongate plans ebook giveaway for Brooks

Written By: Graeme Neill Publication Date: Fri, 03/06/2011 - 14:47 Canongate is planning to give a limited number of free ebook copies of Grow Up, the debut novel by 19-year-old Ben Brooks, ahead of its paperback publication in July. read more Continue reading at The Bookseller

[ The Bookseller | 2011-06-03 00:00:00 UTC ]
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Bloomsbury ebook growth "significant"

Written By: Charlotte Williams Publication Date: Fri, 27/05/2011 - 08:45 Bloomsbury's ebook sales topped £1.1m in the first three months of 2011, as the company reported its unaudited preliminary results for the fourteen months ended 28th February 2011. Revenue across the group was £103.4m for... Continue reading at The Bookseller

[ The Bookseller | 2011-05-27 00:00:00 UTC ]
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E-Book Prices Fuel Outrage--and Innovation

A pricing war among the big guns of the book industry is causing pain at the checkout screen, but sprouting new opportunities for writers and readers. Continue reading at PC World

[ PC World | 2011-05-26 00:00:00 UTC ]
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California State University opts for $49 ebook over expensive biology textbook

By Tim Conneally, Betanews Nature Publishing Group and California State University (CSU) on Tuesday announced a three-year partnership that will eliminate paper textbooks from certain classes, and replace them with interactive ebooks instead. Continue reading at Betanews

[ Betanews | 2011-05-24 00:00:00 UTC ]
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Marketshare of ebook sales drops back after post-Christmas high

Written By: Charlotte Williams Publication Date: Thu, 19/05/2011 - 10:00 The percentage of ebook purchases has dropped back from the high of the post-Christmas period, falling to 2.5% of all book purchases in volume over the four-week period to 20th March. In a presentation at the... Continue reading at The Bookseller

[ The Bookseller | 2011-05-19 00:00:00 UTC ]
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Post-Christmas ebook sales drop 2.5%

Written By: Charlotte Williams Publication Date: Thu, 19/05/2011 - 09:15 The percentage of ebook purchases has dropped back from the high of the post-Christmas period, falling to 2.5% of all book purchases in volume over the four-week period to 20th March. In a presentation at the... Continue reading at The Bookseller

[ The Bookseller | 2011-05-19 00:00:00 UTC ]
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Children indies' concern over cover prices

Written By: Caroline Horn Publication Date: Fri, 13/05/2011 - 15:40 Publishers are remaining tight-lipped about recent price increases in books for children and teenagers. Price increases have seen some young adult titles being priced at £18, with some paperback fiction given an £8.99 price... Continue reading at The Bookseller

[ The Bookseller | 2011-05-13 00:00:00 UTC ]
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Charlaine Harris sells 1m Kindle ebooks

Written By: Graeme Neill Publication Date: Thu, 12/05/2011 - 09:19 Charlaine Harris, author of the Sookie Stackhouse series of novels, has become the latest writer to sell more than one million Kindle ebooks through Amazon. The author, who is published by Gollancz in the UK, joins Stieg... Continue reading at The Bookseller

[ The Bookseller | 2011-05-12 00:00:00 UTC ]
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Conde Nast Strikes Subscription Deal with Apple

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[ Folio Magazine | 2011-05-10 00:00:00 UTC ]
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Waterstone's plans ebook push for post-HMV era

Written By: Benedicte Page Publication Date: Tue, 10/05/2011 - 15:49 Waterstone's could soon bring e-reading front of store in its physical bookshops in a manner similar to Barnes & Noble with its Nook in the US, according to e-commerce manager Alex Ingrams. Speaking to delegates at the... Continue reading at The Bookseller

[ The Bookseller | 2011-05-10 00:00:00 UTC ]
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Apple Brings Conde Nast Aboard the Subscription Bandwagon, Starting With the New Yorker [MediaMemo]

Apple is winning over the big publishers. Last week, Hearst Corp. said it planned to start selling its magazines using Apple's new iTunes subscription service. Now rival Conde Nast is actually doing it, via the publisher's New Yorker title. Continue reading at AllThingsD

[ AllThingsD | 2011-05-09 00:00:00 UTC ]
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Telegraph Goes With Apple Subs For Newspaper-Like iPad Edition

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[ Editor & Publisher | 2011-05-06 00:00:00 UTC ]
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Random hits 2m ebook sales

Written By: Charlotte Williams Publication Date: Fri, 06/05/2011 - 08:55 Random House has hit the landmark of two million ebooks sold in the UK, with other leading publishers reporting a first quarter “explosion” in digital sales. E-books currently account for 8% of RH's overall sales, with... Continue reading at The Bookseller

[ The Bookseller | 2011-05-06 00:00:00 UTC ]
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EU consumer law could change returns period

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[ The Bookseller | 2011-05-06 00:00:00 UTC ]
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Hearst Partners With Apple on Subscription Offering

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[ Folio Magazine | 2011-05-05 00:00:00 UTC ]
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Hearst, Apple Reach Deal to Bring Subscriptions to iPad

Hearst will begin selling iPad subscriptions to Esquire, Popular Mechanics, and O, The Oprah Magazine. Continue reading at PC World

[ PC World | 2011-05-05 00:00:00 UTC ]
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Hearst Strikes Deal with Apple on iPad Subscriptions [Voices]

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[ AllThingsD | 2011-05-05 00:00:00 UTC ]
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Digital sales now worth 6%, as ebooks grow 300% in 2010

Written By: Philip Jones Publication Date: Tue, 03/05/2011 - 09:22 The digital publishing market is now worth 6% of UK publishers' sales, the Publishers Association has revealed, with consumer digital sales up more than 300% in 2010 to £16m—the third year of treble digit growth. The PA... Continue reading at The Bookseller

[ The Bookseller | 2011-05-03 00:00:00 UTC ]
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