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 ]

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Global woes unlikely to hit US business at Frankfurt

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[ The Bookseller | 2011-10-10 00:00:00 UTC ]
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Google launches UK eBooks store, Australia and Canada 'soon'

Written By: Philip Jones Publication Date: Thu, 06/10/2011 - 14:17 Google eBooks has launched its e-bookstore in the UK. The store can be found at Google.co.uk/ebooks with frontlist titles including The Fear Index by Robert Harris priced at £9.06 and Kill Alex Cross by James Patterson priced... Continue reading at The Bookseller

[ The Bookseller | 2011-10-06 00:00:00 UTC ]
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Random wears it well with Rod memoir

Written By: Charlotte Williams Publication Date: Wed, 05/10/2011 - 12:08 Random House has acquired the autobiography of Grammy Award-winning rock 'n' roll singer and musician Rod Stewart, with Stewart promising to "hold nothing back". The Random House Group UK and Random House US jointly... Continue reading at The Bookseller

[ The Bookseller | 2011-10-05 00:00:00 UTC ]
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Simon & Schuster to publish Country Life titles

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[ The Bookseller | 2011-09-22 00:00:00 UTC ]
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Virago acquires university satire

Written By: Charlotte Williams Publication Date: Fri, 16/09/2011 - 09:21 Virago has bought rights to a satirical novel set at a top-class university. Associate publisher Ursula Doyle bought UK and Commonwealth rights to Penelope by Rebecca Harington from Jane Finigan at Lutyens &... Continue reading at The Bookseller

[ The Bookseller | 2011-09-16 00:00:00 UTC ]
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Philippa Gregory to write YA

Written By: Graeme Neill Publication Date: Thu, 15/09/2011 - 08:30 The Red Queen author Philippa Gregory is turning her hand to young adult fiction for the first time, after signing a deal with Simon & Schuster. Ingrid Selberg, director of children's publishing at S&S UK, and Jon... Continue reading at The Bookseller

[ The Bookseller | 2011-09-15 00:00:00 UTC ]
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[ Publishers Weekly | 2011-09-08 00:00:00 UTC ]
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[ The Bookseller | 2011-08-25 00:00:00 UTC ]
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Granta hits iBookstore

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[ The Bookseller | 2011-08-10 00:00:00 UTC ]
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Digital sales double at S&S, international "booming"

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[ The Bookseller | 2011-08-03 00:00:00 UTC ]
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RH strikes a pose with Vogue's Coddington

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[ The Bookseller | 2011-07-29 00:00:00 UTC ]
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Print book sales decline in first half of 2011

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[ The Bookseller | 2011-07-08 00:00:00 UTC ]
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Sulkin to retire as Williams becomes Bodley head

Written By: Charlotte Williams Publication Date: Fri, 08/07/2011 - 08:40 Will Sulkin will be retiring from his role as publishing director of The Bodley Head in April 2012, with Stuart Williams, editorial director at Harvill Secker, to step into the position. Sulkin's retirement in 2012 will... Continue reading at The Bookseller

[ The Bookseller | 2011-07-08 00:00:00 UTC ]
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S&S title to examine Arab spring

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[ The Bookseller | 2011-06-10 00:00:00 UTC ]
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Harper switches to Hodder & Stoughton

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[ The Bookseller | 2011-06-03 00:00:00 UTC ]
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[ The Bookseller | 2011-05-26 00:00:00 UTC ]
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[ The Bookseller | 2011-05-16 00:00:00 UTC ]
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Random rushes Bin Laden digital exclusive

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[ The Bookseller | 2011-05-09 00:00:00 UTC ]
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[ The New York Times | 2011-05-09 00:00:00 UTC ]
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Publishers Make a Plan: A ‘One Stop’ Book Site

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[ The New York Times | 2011-05-07 00:00:00 UTC ]
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