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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DOJ offers to cut injunction time in Apple ebook case, stays firm on key points

The US Justice Department was insistent that its proposed injunction against Apple for alleged ebook price fixing was the proper remedy earlier this month, but it's now willing to budge on that somewhat. As Reuters reports, the DOJ has offered to cut the length of the injunction from ten to five... Continue reading at Engadget

[ Engadget | 2013-08-24 00:00:00 UTC ]
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Justice Department scolds Apple while seeking lighter ebook penalties

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[ Los Angeles Times | 2013-08-23 00:00:00 UTC ]
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Publishers fight Apple ebook ruling

Five major publishers are challenging restrictions imposed on Apple after it was found guilty of ebook price-fixing. Continue reading at BBC World

[ BBC World | 2013-08-09 00:00:00 UTC ]
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Publishers say ebook restrictions would hurt them, not Apple

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[ PC World | 2013-08-08 00:00:00 UTC ]
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E-book publishers side with Apple, ask DoJ to scrap new price-fixing rules

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[ Engadget | 2013-08-08 00:00:00 UTC ]
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Publishers object to proposed Apple ebook remedies

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[ Los Angeles Times | 2013-08-08 00:00:00 UTC ]
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A win for readers? DOJ's proposed measures for Apple would make price-shopping easier

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[ The Christian Science Monitor | 2013-08-06 00:00:00 UTC ]
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Apple fires back, calls DOJ ebook remedies 'draconian and punitive'

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[ Los Angeles Times | 2013-08-03 00:00:00 UTC ]
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Feds, states want Apple to revamp ebook practices

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[ Los Angeles Times | 2013-08-02 00:00:00 UTC ]
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[ BBC World | 2013-08-02 00:00:00 UTC ]
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EU regulator accepts Penguin offer to end dodgy ebook deals with Apple

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[ Los Angeles Times | 2013-07-11 00:00:00 UTC ]
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Judge rules against Apple in ebook case

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[ Los Angeles Times | 2013-07-11 00:00:00 UTC ]
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Federal Court Finds Apple Guilty of E-Book Price Fixing

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[ Wired | 2013-07-10 00:00:00 UTC ]
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[ Fast Company | 2013-07-10 00:00:00 UTC ]
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