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
A federal judge ruled today that Apple Inc. conspired to raise prices on ebooks, ordering a trial to decide what damages that the tech giant should pay.In a 159-page decision, U.S. District Court Judge Denise Cote ruled that Apple conspired with a group of five publishers, starting in 2009, to... Continue reading at ABC News
[ ABC News | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#apple conspired
#raise prices
#tech giant
#alleged collusion
Apple conspired with publishers to fix the price of electronic books, a US judge rules, but the company says it will appeal against the decision. Continue reading at BBC World
[ BBC World | 2013-07-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#apple conspired
#electronic books
#judge rules
A question hangs over Apple Inc.'s ebooks trial: Why is Apple fighting the U.S. Department of Justice when the book publishers the agency also sued chose to settle? Continue reading at AllThingsD
[ AllThingsD | 2013-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#apple fighting
#book publishers
Judge Denise Cote seemed inclined to rule for the Department of Justice at the beginning of the trial, but her remarks as the case closed seemed to indicate a shift towards Apple's side. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-06-26 00:00:00 UTC ]
More news stories like this |
The Justice Department’s ebook price fixing trial – alleging that Apple conspired to raise ebook prices – is scheduled to end this week. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-06-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#justice department
#apple conspired
During the opening moments of last week’s summations in Apple’s ebook price-fixing trial, Judge Denise Cote interjected with a question for Orin Snyder, Apple’s lead attorney. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#apple loses
#orin snyder
The Apple/ DoJ ebook price fixing trial will enter its final sessions later today (20th June),... Continue reading at The Bookseller
[ The Bookseller | 2013-06-20 00:00:00 UTC ]
More news stories like this |
Apple didn't try to fix or raise the prices of electronic books when it entered into the market in 2010, according to Apple Senior Vice President Eddy Cue. Rather, he says, the company was only working to ensure a profit for itself."We're not willing to lose money in any business," Cue told the... Continue reading at PC World
[ PC World | 2013-06-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#district court
#apple didn
#electronic books
#lose money
#penguin group
“They had a relationship that was not positive. You heard a lot of negative things from them.” – Apple media boss Eddy Cue, testifying during the DOJ antitrust trial Monday, describing the way book publishers viewed Amazon, circa 2009 Continue reading at AllThingsD
[ AllThingsD | 2013-06-17 00:00:00 UTC ]
More news stories like this |
Government lawyers allege the agreements Apple signed in 2010 with five publishers amounted to a conspiracy to get consumers to pay more for electronic books.NEW YORK — Eddy Cue, the Apple Inc. executive in charge of negotiating the company's controversial ebook deals, defended how the tech... Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#antitrust trial
#electronic books
#online bookstore
#witness stand
Apple Inc. (AAPL) executive Eddy Cue told a judge he felt extra pressure to reach deals with ebook publishers in time for the introduction of the iPad in 2010 because of company cofounder Steve Jobs’s precarious health. “Steve ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook publishers
The man the Department of Justice calls the "chief ringleader" of Apple's alleged conspiracy to raise ebook prices finally takes the stand in the government's price-fixing case against Apple. Continue reading at AllThingsD
[ AllThingsD | 2013-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#price-fixing case
Apple may not have been quite as indifferent to publishers' deals with Amazon as it professes to be. Continue reading at AllThingsD
[ AllThingsD | 2013-06-13 00:00:00 UTC ]
More news stories like this |
The head of Apple's iBookstore says Apple has captured 20 percent of the U.S. ebook market. Continue reading at AllThingsD
[ AllThingsD | 2013-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook market
Apple director Keith Moerer said in court on Tuesday that the company holds about 20 percent of the US ebook market, double the size commonly assumed. The revelation came after the Department of Justice tried to bolster its price fixing case against the company by asserting that "Apple forgot to... Continue reading at Engadget
[ Engadget | 2013-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#court --
#ebook market
#online store
A new survey in Japan shows that Amazon's Kindle is leading the market for ebook sales, with Apple (launched in March) second, followed by Kinokuniya's Kinoppy, Sony's Reader Store and Kobo. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook sales
Straightforward, above-board dealings or clever obfuscation? Another one for the judge to decide. Continue reading at AllThingsD
[ AllThingsD | 2013-06-06 00:00:00 UTC ]
More news stories like this |
It turns out that Apple isn't the only major ebook retailer that demands "most favored nation" agreements from publishers. Continue reading at AllThingsD
[ AllThingsD | 2013-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#favored nation
Penguin Group c.e.o. David Shanks has testified in support of Apple on day two of the anti-trust... Continue reading at The Bookseller
[ The Bookseller | 2013-06-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#david shanks
#penguin group
NEW YORK -- Apple and major publishers conspired in a scheme to fix prices on ebooks, costing consumers hundreds of millions of dollars, a U.S. Justice Department attorney argued during the first day of a marquee antitrust trial. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-06-04 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#e-book trial
#fix prices