The direct results of the ebook price fixing scandal between Apple and the five major U.S. book publishers are one-step closer to turning into real money for millions of Amazon customers. The online retailer recently began sending out e-mail notifications to Kindle ebook buyers telling them how much credit to expect as a result of the payout from the five major publishers. “While we will not know the amount of your credit until the Court approves the settlements,” Amazon said in the e-mail. “It is estimated that it will range from $0.73 to $3.06 for every eligible Kindle book that you purchased.” An official posting on Amazon’s forum says the payout could be as high as $3.82 per ebook. Previously, credits to Amazon customers were expected to be between $0.31 and $1.32 for every purchased ebook. The new settlement increase is the result of the final two of the big five publishers (MacMillan and Penguin Group) reaching a settlement with the Attorneys General of most U.S. States over the price-fixing suit. To read this article in full or to leave a comment, please click here Continue reading at 'PC World'
[ PC World | 2013-09-02 00:00:00 UTC ]
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Class action lawsuit filed in US claims the houses have colluded with the online giant to keep prices artificially highAmazon.com and the “Big Five” publishers – Penguin Random House, Hachette, HarperCollins, Macmillan and Simon & Schuster – have been accused of colluding to fix ebook... Continue reading at The Guardian
[ The Guardian | 2021-01-15 13:04:33 UTC ]
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The law firm that successfully sued Apple and five major publishers for colluding to fix e-book prices in 2011 has filed a class action against Amazon, accusing the company of colluding with the Big Five publishers to eliminate price competition from the e-book market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-14 05:00:00 UTC ]
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Chancellor drops 20% levy on online news subscriptions and books as industry strugglesAmazon has confirmed it will cut the price of its Kindle ebooks from Friday, after the government announced it would bring forward plans to stop charging VAT on online publications because of the pandemic.The... Continue reading at The Guardian
[ The Guardian | 2020-04-30 18:11:42 UTC ]
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On March 19, lawyers from Hagens Berman filed a class action suit on behalf of consumers in the U.S. District Court in Seattle, accusing Amazon of a massive horizontal price fixing scheme involving its two million third-party sellers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-23 04:00:00 UTC ]
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Amazon’s publishing chief David Naggar has said publishers should slash their ebook prices to 99p to sell more books. Continue reading at The Bookseller
[ The Bookseller | 2017-09-06 00:00:00 UTC ]
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Amazon Inc and European Union regulators have started settlement discussions over the internet giant’s ebook deals with publishers, according to news reports. Continue reading at The Bookseller
[ The Bookseller | 2016-10-06 00:00:00 UTC ]
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Following a court ruling that it was involved in ebook price-fixing with five publishers, Apple has started the process of paying back $400m in refunds. Despite agreeing to pay out the thick end of half a billion dollars, Apple denies doing anything wrong. Interestingly, the payouts will not... Continue reading at Betanews
[ Betanews | 2016-06-22 00:00:00 UTC ]
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Some buyers of ebooks will begin to receive payments Tuesday as part of a settlement in a price-fixing case against Apple.People who purchased ebooks between April 1, 2010, and May 21, 2012, will receive credits from ebook sellers, or will get a check if they opted out of receiving credits,... Continue reading at PC World
[ PC World | 2016-06-20 00:00:00 UTC ]
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Apple will pay $450 million as a settlement for ebook price fixing after the U.S. Supreme Court declined to hear the company's appeal of a lower court's antitrust ruling.The Supreme Court's decision Monday ends Apple's appeal of the antitrust case against the company and five book publishers and... Continue reading at PC World
[ PC World | 2016-03-07 00:00:00 UTC ]
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The Supreme Court rejected an appeal from Apple Inc. on Monday, leaving in place a ruling that Apple conspired with publishers to raise electronic book prices when the company sought to challenge Amazon.com's dominance of the market. The justices' order lets stand an appeals court ruling that... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-03-07 00:00:00 UTC ]
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Apple's last shot at avoiding a $450 million ebook price fixing settlement just went out the window. The US Supreme Court has declined to hear Apple's challenge of an appeals court decision that left the company on the hook for allegedly conspiring... Continue reading at Engadget
[ Engadget | 2016-03-07 00:00:00 UTC ]
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Germany will soon finalize fixed prices for ebooks, but questions remain about how this will affect various sales models and ebook adoption rates. The post Fixed Prices for Ebooks in Germany: At What Cost? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-02-10 00:00:00 UTC ]
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Apple's long-running court battle over manipulating the pricing of ebooks is getting even more dramatic. Next stop, the Supreme Court, Fortune reports. Back in June, Apple failed to get a Manhattan appeals court to overturn a 2014 ruling that woul... Continue reading at Engadget
[ Engadget | 2015-09-17 00:00:00 UTC ]
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Apple did conspire with publishers in the US to fix the prices of ebooks, an appeal court has found. The technology company had appealed against an earlier decision by Judge Denise Cote, who said that Apple and publishers were guilty of conspiring to raise the prices of ebooks. Apple appealed... Continue reading at The Bookseller
[ The Bookseller | 2015-07-02 00:00:00 UTC ]
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On the same day as Apple Inc.'s release of its much-anticipated Apple Music streaming service, a federal court upheld a ruling Tuesday that states the company illegally conspired with book publishers to drive up prices for ebooks to compete against Amazon.com Inc., USA TODAY reported. The... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2015-07-01 00:00:00 UTC ]
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An appeals court upheld a lower-court ruling that Apple violated antitrust laws to upset Amazon's control of the ebook market. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-07-01 00:00:00 UTC ]
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A federal appeals court stood by a 2013 decision that found the tech giant guilty of fixing ebook prices with publishers.Apple's last-ditch attempt to avoid paying $450 million to ebook buyers was just quashed, according to the Wall Street Journal. The Second U.S. Circuit Court of Appeals in... Continue reading at Fast Company
[ Fast Company | 2015-06-30 00:00:00 UTC ]
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Apple conspired with publishers to artificially raise the price of ebooks, the Second US Circuit Court of Appeals in Manhattan ruled today, upholding a verdict from 2013. Now that the company has lost its appeal, Apple is expected to pay $450 millio... Continue reading at Engadget
[ Engadget | 2015-06-30 00:00:00 UTC ]
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A US federal appeals court upholds a ruling that Apple conspired with publishers fix the prices of electronic books. Continue reading at BBC World
[ BBC World | 2015-06-30 00:00:00 UTC ]
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Amazon has warned that ebook prices will rise come January following a change in VAT law in an email to self-published authors. On 1st January Amazon will “make a one-time adjustment to convert VAT-exclusive list prices provided to us to VAT-inclusive list prices” resulting in a rise in the list... Continue reading at The Bookseller
[ The Bookseller | 2014-12-18 00:00:00 UTC ]
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