The Stupidest Thing Apple Ever Did

On Wednesday, a federal judge issued a damning finding that Apple conspired with five major book publishers to fix the price of ebooks. The ruling is a chronicle of these firms’ incredible stupidity. In 2009 and 2010, the judge says, Apple and the publishers conspired more or less in the open, telegraphing their moves to the press, memorializing their discussions over email, hinting at their anti-competitive agreements in public statements, and strategizing in swanky restaurants. For a short while, they succeeded in their goal of raising book prices: Overnight, the average price of ebooks rose by nearly 20 percent, with some best-sellers shooting up by close to 50 percent. Books that used to sell for $9.99 were now $12.99 or $14.99, prices that Apple and the publishers believed would threaten Amazon.com, the undisputed king of ebooks. Continue reading at 'Slate'

[ Slate | 2013-07-12 00:00:00 UTC ]
News tagged with: #publishers conspired

Other Publishing stories related to: 'The Stupidest Thing Apple Ever Did'


After Losing Monitor Appeal, Apple Gets a Referee

The appointment of Dolinger to oversee any future disputes appears designed to ensure any future Apple disputes have merit, and that the parties are at least working constructively to resolve those disputes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-20 00:00:00 UTC ]
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Apple monitor to stay in ebooks case, with boundaries

Apple will continue to be watched by an antitrust monitor during its appeal of a court order creating the position, a court ruled.While a setback for Apple, which had asked for a stay of the appointment of an external compliance monitor in an ebooks price-fixing conspiracy case, the ruling by... Continue reading at PC World

[ PC World | 2014-02-11 00:00:00 UTC ]
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Second Circuit Denies Apple's Monitor Appeal

A three-judge panel of the Second Circuit Court of Appeals has denied Apple a stay of its court-ordered external monitor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-10 00:00:00 UTC ]
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Apple faces $840M ebooks claim

Apple Inc. faces as much as $840 million in state and consumer antitrust claims related to electronic-book deals with publishers as it continues to oppose a court-ordered monitor in a related U.S.... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2014-02-03 00:00:00 UTC ]
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Class Plaintiffs: Apple Should Pay $840 Million in Damages

If the plaintiff number is granted, it would put the total damages in this ebook conspiracy at over $1 billion. Five publishers have already paid $166 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-03 00:00:00 UTC ]
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Filing Schedule Set for Apple’s Damages Trial

Amid more legal maneuvering, Judge Denise Cote this week officially set a briefing schedule for Apple’s ebook damages trial. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-30 00:00:00 UTC ]
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Appeals Court Issues Temporary Stay of Apple’s Monitor

The Second Circuit Court of Appeals granted Apple a temporary “administrative” stay while it reviews Judge Cote’s decision to deny Apple a stay of its external monitor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-22 00:00:00 UTC ]
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5 Things We Learned at Digital Book World 2014

A few key take-aways from DBW 2014: teens aren't reading for fun, ebook sales grow overseas, Wall Street discounts publishing and Amazon is like modern art. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-01-17 00:00:00 UTC ]
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5 Intriguing Things: Monday, 1/13

Web privacy tips, vanilla pollination, robot law, big book data, and the children of a Moscow garbage dump.     Continue reading at The Atlantic

[ The Atlantic | 2014-01-14 00:00:00 UTC ]
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DoJ: Apple Waging 'Campaign of Character Assassination'

The parties will be in court today, with DoJ attorneys accusing Apple of blatantly obstructing the work of the court’s External Compliance Monitor, Michael Bromwich. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-13 00:00:00 UTC ]
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Judge Denies Stay; Orders Apple to Cooperate with Monitor

Judge Denise Cote has denied Apple’s request for a stay of its external monitor provision, and ordered the company to cooperate fully with the external compliance monitor she appointed last fall following her ruling in Apple’s ebook price-fixing case. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-13 00:00:00 UTC ]
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Apple Asks Court to Fire Its External Monitor

In a letter filed yesterday, Apple attorneys asked Judge Denise Cote to fire its external monitor, Michael Bromwich. The request comes after Bromwich filed a declaration in which he detailed Apple’s resistance to his work. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-08 00:00:00 UTC ]
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DoJ, States Slam Apple’s Bid for a Stay

In a strongly-worded brief, attorneys questioned Apple’s conduct, and again suggested that the company is trumping up concerns over the court’s external monitor, Michael Bromwich. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-31 00:00:00 UTC ]
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Apple Feud Deepens With Court-Appointed Monitor

A feud between Apple Inc. and a lawyer appointed by a federal court judge to monitor the company's ebook pricing reform became even more acrimonious Monday. Continue reading at AllThingsD

[ AllThingsD | 2013-12-31 00:00:00 UTC ]
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Judge Denies Apple’s Bid to Extend E-book Damages Inquiry

After a flurry of year-end filings, Judge Denise Cote late last week rejected Apple’s bid to extend its deposition of plaintiff expert witness Roger Noll, whose report had pegged Apple’s total ebook damages at just over $307 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-30 00:00:00 UTC ]
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Apple to give away songs, ebooks, apps during '12 Days of Gifts'

Apple will be giving away digital gifts every day for 12 days after Christmas to users of an app released Tuesday.     Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-12-10 00:00:00 UTC ]
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Apple Doesn't Want to Pay the Feds' E-Book Lawyer $70,000 a Week

Apple lost its antitrust ebook trial this summer. Now it has to pay a court-appointed attorney more than $1,100 an hour to keep tabs on itself. Continue reading at AllThingsD

[ AllThingsD | 2013-11-29 00:00:00 UTC ]
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Data Proves We Pay For Things On Mobile, But We're Still Nervous Of Security

Credit card security firm Jumio has looked into how we're all using our smartphones and tablets to shop.Jumio, a young firm backed by Facebook billionaire Eduardo Saverin, has just published research on how consumers are using their mobile devices to pay for things. Among the data are two key... Continue reading at Fast Company

[ Fast Company | 2013-11-27 00:00:00 UTC ]
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'Where the Wild Things Are' celebrates its 50th anniversary (+video)

Maurice Sendak's 1963 children's classic 'Where the Wild Things Are' still tops polls as a favorite picture book and was adapted into a film in 2009. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-11-22 00:00:00 UTC ]
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'Where the Wild Things Are' celebrates its 50th anniversary

Maurice Sendak's 1963 children's classic 'Where the Wild Things Are' still tops polls as a favorite picture book and was adapted into a film in 2009. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-11-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wild things #maurice sendak #tops polls