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
In a filing on Friday, Apple Inc. fired back against a series of measures proposed by federal attorneys that would restrict the company's ability to strike electronic-book deals. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-08-03 00:00:00 UTC ]
More news stories like this |
US regulators have called for Apple to be forced to cancel certain ebook contracts with major publishers. Continue reading at BBC World
[ BBC World | 2013-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook contracts
#major publishers
The Justice Department and 33 state attorneys general want to force Apple to sign contracts with publishers that don't prevent Apple or other ebook stores from competing on price. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#justice department
#sign contracts
#ebook stores
The Department of Justice and 33 state attorneys general on Friday called for an array of sanctions that they claim will "reset competition to the conditions that existed before the conspiracy." Continue reading at AllThingsD
[ AllThingsD | 2013-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#doj calls
One month after a New York federal judge ruled that Apple Inc. had conspired to fix electronic book prices, the Department of Justice has proposed a series of restrictions on Apple's digital book sales. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-08-02 00:00:00 UTC ]
More news stories like this |
In a decisive move in the legal battle surrounding Apple's fishy ebook pricing practices, the US Department of Justice has issued a proposed remedy aimed at leveling the playing field. The terms of the proposal, which requires approval by the court, call for an end to Apple's deals with major... Continue reading at Engadget
[ Engadget | 2013-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#punitive intrusion
#potential harm
#ten years
After the European Commission accepted offers from Apple and four publishers to free up ebook pricing restrictions in December 2012, it's now accepted Penguin's commitment to do the same. Much like Penguin's vow to the US DOJ, it will end its agency agreements with Apple and other retailers, and... Continue reading at Engadget
[ Engadget | 2013-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook retailers
#agency agreements
#most-favored nation
#deals struck
#european commission
Just a few days after Google and Twitter pushed for the government to reveal the number of security-related requests, the Obama administration and Congress have just received another salvo backed by even more tech heavyweights -- 63, to be exact. A letter signed by many of the giants covered by... Continue reading at Engadget
[ Engadget | 2013-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#american people
#international users
#full text
Last week's court ruling that the price-matching provision in Apple's contracts with five major book publishers was part of a conspiracy to fix ebook prices, heaped doubt on such provisions, called most-favored-nation clauses. Continue reading at AllThingsD
[ AllThingsD | 2013-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#court ruling
With its reputation on the line, Apple vows to appeal the federal judge's ruling that it conspired with publishers to raise prices.SAN FRANCISCO — A New York federal judge's ruling that Apple Inc. conspired to raise electronic book prices cuts straight to the heart of the company's image as a... Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#judge rules
#federal judge
#raise prices
Apple has been found guilty of colluding to raise ebook prices. Financial ramifications aside, has the judgement damaged publishing's reputation with consumers? Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#guilty verdict
#found guilty
US District Judge Denise Cote found that Apple was part of a conspiracy to increase ebook retail prices. An Apple spokesperson maintained that 'we've done nothing wrong.' Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-07-11 00:00:00 UTC ]
More news stories like this |
It was a full day of tech news Wednesday, with a federal judge ruling that Apple conspired to raise the price of ebooks and T-Mobile introducing a new plan that makes it possible for customers to change their smartphones more often. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#full day
#apple conspired
A federal judge today ruled that Apple is guilty of violating antitrust law by conspiring with major publishers to raise ebook prices. Continue reading at Wired
[ Wired | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#major publishers
NEW YORK -- Apple Inc. conspired to raise the prices of ebooks, a judge ruled Wednesday morning, after a trial in which the Department of Justice accused the technology giant of aggressively pressuring publishers to raise prices and weaken Amazon.com. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#raise prices
#technology giant
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... Continue reading at Crains New York
[ Crains New York | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#potential damages
#cbs corp
#simon schuster
#lagardere sca
#pearson plc
#random house
A judge has just ruled that Apple is guilty of conspiring to raise ebook prices. The federal antitrust suit against Apple over ebook pricing has come to a conclusion: The judge has decided that Apple conspired with five major book publishers to artificially push prices up. Apple denied the... Continue reading at Fast Company
[ Fast Company | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#apple conspired
#apple denied
#ebook market
#ebook pricing
"I wouldn't expect to see a dramatic effect on consumer prices as a result of this ruling." Continue reading at AllThingsD
[ AllThingsD | 2013-07-10 00:00:00 UTC ]
More news stories like this |
A federal judge ruled Wednesday that Apple conspired with publishers to set the prices of ebooks and "played a central role in facilitating and executing that conspiracy."A federal judge ruled Wednesday that Apple conspired with publishers to set the prices of ebooks. Apple, the judge found,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#apple conspired
#central role
#judge found
#pay damages
A federal judge in America has ruled that Apple conspired to raise the retail prices of ebooks,... Continue reading at The Bookseller
[ The Bookseller | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#federal judge
#apple conspired
#retail prices