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 ]
Simon & Schuster has launched new microsite The Dark Pages, intended to be an online crime... Continue reading at The Bookseller
[ The Bookseller | 2012-06-20 00:00:00 UTC ]
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Simon & Schuster's Engage: The Fall and Rise of Matt Hampson by Paul Kimmage has been... Continue reading at The Bookseller
[ The Bookseller | 2012-05-22 00:00:00 UTC ]
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Welsh rugby captain Sam Warburton has signed a two-book deal with Simon & Schuster. The... Continue reading at The Bookseller
[ The Bookseller | 2012-05-22 00:00:00 UTC ]
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Random House's Square Peg is lining up two in-house projects for the second half of 2012,... Continue reading at The Bookseller
[ The Bookseller | 2012-05-21 00:00:00 UTC ]
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Simon & Schuster becomes the latest publisher to settle an antitrust claim by a team of states, while Macmillan, Penguin, and Apple fight on. Continue reading at PC World
[ PC World | 2012-05-18 00:00:00 UTC ]
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Simon & Schuster has signed two historical thrillers from Sunday Times-bestselling author and... Continue reading at The Bookseller
[ The Bookseller | 2012-05-11 00:00:00 UTC ]
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Simon & Schuster has revealed a 14% increase in like-for-like book sales in the UK, including... Continue reading at The Bookseller
[ The Bookseller | 2012-05-11 00:00:00 UTC ]
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Digital revenues for Simon & Schuster US climbed 64% in the first quarter of the year, while... Continue reading at The Bookseller
[ The Bookseller | 2012-05-03 00:00:00 UTC ]
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Colin Midson, until recently an editor at Simon & Schuster, has launched a book... Continue reading at The Bookseller
[ The Bookseller | 2012-04-26 00:00:00 UTC ]
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Two titles from Simon & Schuster have made the shortlist for the Melissa Nathan Award for... Continue reading at The Bookseller
[ The Bookseller | 2012-04-23 00:00:00 UTC ]
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Editors and marketing and publicity managers from Little, Brown, Random House and indies,... Continue reading at The Bookseller
[ The Bookseller | 2012-04-18 00:00:00 UTC ]
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Random House will focus on international partnerships, engage directly with customers and... Continue reading at The Bookseller
[ The Bookseller | 2012-04-18 00:00:00 UTC ]
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Simon & Schuster has signed world rights in two novels by début author Susan Elliott... Continue reading at The Bookseller
[ The Bookseller | 2012-04-13 00:00:00 UTC ]
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If Apple, Hachette, HarperCollins, Macmillian, Penguin and Simon & Schuster thought they only had to contend with a federal ebook lawsuit in the US, they'd better think again. Australia's Competition and Consumer commission is inviting local businesses to raise formal concerns as it weighs... Continue reading at Engadget
[ Engadget | 2012-04-12 00:00:00 UTC ]
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Hachette, Simon & Schuster and HarperCollins have settled with the US Department of Justice... Continue reading at The Bookseller
[ The Bookseller | 2012-04-11 00:00:00 UTC ]
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The U.S. filed an antitrust lawsuit against Apple Inc., Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster in New York district court, claiming collusion over eBook pricing. Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-04-11 00:00:00 UTC ]
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The major trade publishers do not appear in imminent danger of fading away. With Random House’s release of 2011 financial results late last month, the four large trade houses that report results all posted operating margins that topped 10%. Although the four companies—Lagardère Publishing... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-04-06 00:00:00 UTC ]
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The lucrative James Bond novels return to Random House, their original publisher, through a new deal. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2012-03-17 00:00:00 UTC ]
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Kerri Sharp, senior commissioning editor non-fiction at Simon & Schuster, has acquired a... Continue reading at The Bookseller
[ The Bookseller | 2012-03-16 00:00:00 UTC ]
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Simon & Schuster has acquired two novels by broadcaster and Richard & Judy Book Club... Continue reading at The Bookseller
[ The Bookseller | 2012-03-16 00:00:00 UTC ]
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